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RE: Why Aren't People Retiring? (Part Two)
Ya the problem is the only places that give decent 401k matching are jobs that I absolutely can't stand. The ones that make me wanna commit suicide, because I feel like I'm in a damn prison.
OMG! Agreed! UPS felt like that on many days. They give you great benefits, But working in a 120 degree trailer during the summer months doing physical labor was brutal.
I can't even believe you actually did that kind of job. Your picture makes you look like the complete opposite of the type of person that does that type of work! UPS is always looking for people too. Not to mention, the damage you're possibly doing to your back lifting constantly...where are the machines to do that work?! C'mon engineers!
So true!! I still have messed up knees from that kind of work! Hehhe thank you! Thats a huge compliment. I don't look like I can handle it, But I totally can. But over the long term it can't be good for your health.
Right? But then if they made machines I feel like a lot of jobs would be lost lol..
Yeah...well let's hope most of us invest in some good cryptos (ahem cough Steemit) and many of us become well off so when the machines take the rest of those crappy jobs, we won't have to worry. There's already too many people and not enough jobs to go around. Can you imagine when we have 10 billion or 15 billion people?! Yikkes!
also do people really know what is there 401k or how about what happens if the market crashed near there retirement
NOPE! I suspect that 90% of people never look at their 401k's at all. I listen to a financial show soemtimes and he always asks them..."What company manages your funds? What ETF's or Index funds are in there?" Most people can't answer those questions at all. When this market tanks...& it's about to very soon, those same people are gonna be hit blind sided AGAIN like they were in 2008. Sad.