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The Concept of a Pension Should be Offensive to People
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<blockquote data-quote="tourists24" data-source="post: 5799516" data-attributes="member: 11490"><p>I would love to see some calculations also. My knee jerk reaction was immediately that this was a ridiculous idea. After thinking about it and running my own numbers from my pension I am starting to wonder if this could've been better. I make 3400ish/month with my pension and doing the math will have drawn appx 1.02m by the time I'm 80 (assuming I live that long). I got a late start on my 401k but if I had started from day 1 with matching contributions from UPS, it would allegedly be much much more. Of course it's very hard to pinpoint 401k numbers over time but I think it could be much better based on what I have now. I dunno, I just started thinking about it lol</p></blockquote><p></p>
[QUOTE="tourists24, post: 5799516, member: 11490"] I would love to see some calculations also. My knee jerk reaction was immediately that this was a ridiculous idea. After thinking about it and running my own numbers from my pension I am starting to wonder if this could've been better. I make 3400ish/month with my pension and doing the math will have drawn appx 1.02m by the time I'm 80 (assuming I live that long). I got a late start on my 401k but if I had started from day 1 with matching contributions from UPS, it would allegedly be much much more. Of course it's very hard to pinpoint 401k numbers over time but I think it could be much better based on what I have now. I dunno, I just started thinking about it lol [/QUOTE]
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