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The Old Thrift Plan
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<blockquote data-quote="JonFrum" data-source="post: 350385"><p>BrownSuit,</p><p></p><p>A millionaire several times over? Could you provide some numbers on how that could be? Six dollars contributed per week is only $312 a year, or about $11,232 over the course of a 36 year career. Even if you started contributing when the Thrift Plan started in 1960, and taking into account the "magic of compound interest," several years of high yield, and the UPS stock IPO, it seems a stretch.</p><p>- - - - -</p><p>And how many would be surprised to learn that the Thrift Plan was still chuggin' along, at least as of 2006. (Though it was taking its last breaths.) You can get its annual Form 5500 reports from . . .</p><p><a href="http://freeerisa.benefitspro.com/" target="_blank">http://freeerisa.benefitspro.com/</a></p></blockquote><p></p>
[QUOTE="JonFrum, post: 350385"] BrownSuit, A millionaire several times over? Could you provide some numbers on how that could be? Six dollars contributed per week is only $312 a year, or about $11,232 over the course of a 36 year career. Even if you started contributing when the Thrift Plan started in 1960, and taking into account the "magic of compound interest," several years of high yield, and the UPS stock IPO, it seems a stretch. - - - - - And how many would be surprised to learn that the Thrift Plan was still chuggin' along, at least as of 2006. (Though it was taking its last breaths.) You can get its annual Form 5500 reports from . . . [url]http://freeerisa.benefitspro.com/[/url] [/QUOTE]
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