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Part time pension information
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<blockquote data-quote="browniehound" data-source="post: 78336" data-attributes="member: 4653"><p>Danny, I believe that quote is of you leave the company right now, at age 64 you would recieve 184 a month. If you continue working that amount should increase every year you're with ups. Which brings up another point. For us younger guys (30's), do you really think the pension is going to be there in 25 years? With more people being retired (baby boomers) than working and people living longer pension plans and social security can't stay afloat anymore. We need to maximize our 401k and IRA savings and not count on recieving any pension. At least thats what i'm planning for. If some sort of pension or social security is there when I retire that will be great, but if not I have plenty of time to save and be a millionare without it.</p></blockquote><p></p>
[QUOTE="browniehound, post: 78336, member: 4653"] Danny, I believe that quote is of you leave the company right now, at age 64 you would recieve 184 a month. If you continue working that amount should increase every year you're with ups. Which brings up another point. For us younger guys (30's), do you really think the pension is going to be there in 25 years? With more people being retired (baby boomers) than working and people living longer pension plans and social security can't stay afloat anymore. We need to maximize our 401k and IRA savings and not count on recieving any pension. At least thats what i'm planning for. If some sort of pension or social security is there when I retire that will be great, but if not I have plenty of time to save and be a millionare without it. [/QUOTE]
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