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Brown Cafe UPS Forum
UPS Discussions
UPS Plans to Cut Non-Driver Jobs to Mitigate Union Labor Costs
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<blockquote data-quote="ThePackageDeli" data-source="post: 5724464" data-attributes="member: 77514"><p>It's higher than 8%. It's 10% for a basic index fund. When I said earlier about utilizing the 401k to it's maximum potential, I meant maxing it out every year. Right now $22,500 is max. Next year it's likely to go to $23k. A 30 year old who begins maxing out their 401k in 2024 with 10% interest at age 65 will have over $7 million actually. So this 3.5 we're talking about is soft numbers.</p></blockquote><p></p>
[QUOTE="ThePackageDeli, post: 5724464, member: 77514"] It's higher than 8%. It's 10% for a basic index fund. When I said earlier about utilizing the 401k to it's maximum potential, I meant maxing it out every year. Right now $22,500 is max. Next year it's likely to go to $23k. A 30 year old who begins maxing out their 401k in 2024 with 10% interest at age 65 will have over $7 million actually. So this 3.5 we're talking about is soft numbers. [/QUOTE]
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UPS Plans to Cut Non-Driver Jobs to Mitigate Union Labor Costs
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