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UPS Retirement Topics
Well didya or dintya? When it came to retirement income.
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<blockquote data-quote="olroadbeech" data-source="post: 3124503" data-attributes="member: 52145"><p>sounds like you are in pretty good shape at age 33. a lot better than we were. no, the co. does not have a match on 401k. </p><p></p><p>we found the best way to keep our taxes down was to max out the 401k and our IRA's. my spouse does not work so were able to shelter another 12k in regular IRA's because we fell below the income limits.</p><p></p><p>we also had a mortgage but paid it down so aggressively that the interest </p><p></p><p>was low. maxing out the 401k saved us thousands in taxes. </p><p></p><p>after doing all that and putting cash away we also invested money in a hobby that we now make good money on in our retirement. It's great fun and it's even better making some extra cash from. </p><p></p><p>some drivers would buy single family homes during the housing crash in 2008 and fix them up and rent out. One guy has 3 or 4 and another driver has 7 homes. it sounds like a good investment and retirement income if you can deal with tenants, etc.</p></blockquote><p></p>
[QUOTE="olroadbeech, post: 3124503, member: 52145"] sounds like you are in pretty good shape at age 33. a lot better than we were. no, the co. does not have a match on 401k. we found the best way to keep our taxes down was to max out the 401k and our IRA's. my spouse does not work so were able to shelter another 12k in regular IRA's because we fell below the income limits. we also had a mortgage but paid it down so aggressively that the interest was low. maxing out the 401k saved us thousands in taxes. after doing all that and putting cash away we also invested money in a hobby that we now make good money on in our retirement. It's great fun and it's even better making some extra cash from. some drivers would buy single family homes during the housing crash in 2008 and fix them up and rent out. One guy has 3 or 4 and another driver has 7 homes. it sounds like a good investment and retirement income if you can deal with tenants, etc. [/QUOTE]
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Well didya or dintya? When it came to retirement income.
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