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Brown Cafe UPS Forum
UPS Retirement Topics
Thoughts on UPS 2016 Pension Buyout
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<blockquote data-quote="walk it off" data-source="post: 2913640" data-attributes="member: 54879"><p>Took a 8k reenlistment bonus in '81 tax free.</p><p>Reenlisted for 6 in the USN reserve after 4 active but did it in int'l waters. 30 year CD in '81</p><p>to 2011 and rolled until '15. Use reserve paychecks for mutual funds started in '82. Used the money from the class action lawsuit over 10 min breaks,(California in 2005=06) to add to mutual funds. Only 2 times I made a lump sum investment or purchase. My paycheck paid the bills and wife's did the saving and investing, retirement. Take my reserve pension at 60.</p><p>and wife retires same year '19. You should give classes on this to people in their 20's. May be 2-3 may be smart enough to listen. I sure would have</p></blockquote><p></p>
[QUOTE="walk it off, post: 2913640, member: 54879"] Took a 8k reenlistment bonus in '81 tax free. Reenlisted for 6 in the USN reserve after 4 active but did it in int'l waters. 30 year CD in '81 to 2011 and rolled until '15. Use reserve paychecks for mutual funds started in '82. Used the money from the class action lawsuit over 10 min breaks,(California in 2005=06) to add to mutual funds. Only 2 times I made a lump sum investment or purchase. My paycheck paid the bills and wife's did the saving and investing, retirement. Take my reserve pension at 60. and wife retires same year '19. You should give classes on this to people in their 20's. May be 2-3 may be smart enough to listen. I sure would have [/QUOTE]
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Thoughts on UPS 2016 Pension Buyout
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