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The Competition
FedEx Discussions
Retirement information meeting
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<blockquote data-quote="MrFedEx" data-source="post: 2320017" data-attributes="member: 12508"><p>I have always done 15% in my 401k, and have a second career in real estate. My half of what UPS gets FedEx pension would be inadequate, so I've invested in rental properties and other financial avenues. My spouse has a good job, so I had the ability to save the maximum. I also topped-out in 2 years way back when, unlike today where a lot of couriers are making $17-$18 per hour, with terrible benefits that sap one's ability to save. They will "top out" in 10 steps, which means never.</p><p></p><p>Just how does someone making such low wages contribute the maximum to a 401k unless their partner makes up the difference?</p></blockquote><p></p>
[QUOTE="MrFedEx, post: 2320017, member: 12508"] I have always done 15% in my 401k, and have a second career in real estate. My half of what UPS gets FedEx pension would be inadequate, so I've invested in rental properties and other financial avenues. My spouse has a good job, so I had the ability to save the maximum. I also topped-out in 2 years way back when, unlike today where a lot of couriers are making $17-$18 per hour, with terrible benefits that sap one's ability to save. They will "top out" in 10 steps, which means never. Just how does someone making such low wages contribute the maximum to a 401k unless their partner makes up the difference? [/QUOTE]
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