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The Thing About OT...
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<blockquote data-quote="Up In Smoke" data-source="post: 5448046" data-attributes="member: 79702"><p>The 20% is roughly a 6th year payout. If UPS did a 401K match at say 6% of every dollar you contribute that amount would equal about 3 years of a 30yr pension. If you contribute 25K, then the company match would be $1500.00. Thirty years @ 5% annual return gets you 110K after 30 years. It's also important to remember that your pension will most likely increase throughout that 30 year period.</p></blockquote><p></p>
[QUOTE="Up In Smoke, post: 5448046, member: 79702"] The 20% is roughly a 6th year payout. If UPS did a 401K match at say 6% of every dollar you contribute that amount would equal about 3 years of a 30yr pension. If you contribute 25K, then the company match would be $1500.00. Thirty years @ 5% annual return gets you 110K after 30 years. It's also important to remember that your pension will most likely increase throughout that 30 year period. [/QUOTE]
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