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Brown Cafe UPS Forum
UPS Retirement Topics
Pension after 25, 30 or 35 years?
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<blockquote data-quote="twoweeled" data-source="post: 2251503" data-attributes="member: 27108"><p>I'm not sure what the early retirement is now, but it probably is best to retire early as possible. but if your going to retire early, make sure you start to save NOW!!!</p><p>Max out on your 401K, pre tax and post tax. Look into the Roth IRA. There won't be any tax advantage in the Roth, but max it out anyway. max everything you can. You'll naturally adjust to your net income. you'll also have a pretty good account when your able to retire too! If you put it off for a while and start dipping your toe with a smaller contribution, you'll cut your savings a lot in the end. Max out now, you won't regret it. The only problem that will arise (depending on your age now), you won't be able to start taking distributions till 59 1/2. Worry about that later. Save the money NOW!!</p></blockquote><p></p>
[QUOTE="twoweeled, post: 2251503, member: 27108"] I'm not sure what the early retirement is now, but it probably is best to retire early as possible. but if your going to retire early, make sure you start to save NOW!!! Max out on your 401K, pre tax and post tax. Look into the Roth IRA. There won't be any tax advantage in the Roth, but max it out anyway. max everything you can. You'll naturally adjust to your net income. you'll also have a pretty good account when your able to retire too! If you put it off for a while and start dipping your toe with a smaller contribution, you'll cut your savings a lot in the end. Max out now, you won't regret it. The only problem that will arise (depending on your age now), you won't be able to start taking distributions till 59 1/2. Worry about that later. Save the money NOW!! [/QUOTE]
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Pension after 25, 30 or 35 years?
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