What is a good 401k match for truckers?

Discussion in 'Questions From New Drivers' started by Travelworld2067, Sep 19, 2018.

  1. Travelworld2067

    Travelworld2067 Light Load Member

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    Trying to plan on retirement early and what are the best 401k matches you have seen amongst trucking companies? My current one is 100% of the first 3% and 50% of 1% or something like that. Is that considered good? I like the idea of no taxes until i retire more money more compounding. However at the end say i have 1.4 million in 37 years. Will i pay my current tax rate of 24% or will i be higher in the 30s% or whatever the rich pay. If so would a roth 401k maybe be better? That way i just pay taxes on it every year at 24%. My income wont increase ill just be making like 60k to 80k a year. For 30 year plus years. I plan on contributing like 122 dollars a week as well at between 400 and 500 into my own personal investment account which involves HiGH risk lol get it?? High yeah weed made me 10k today super risky but thank you tilray if your in the weed market get the hell out! That stuff is a bubble? I think everyone is so stoned they dont see it
    ;).
     
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  3. Travelworld2067

    Travelworld2067 Light Load Member

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    Someone call fez arrrrrrr pirate day u hear me on cb today i was like arrrrrr to everyone ;p
     
    tucker Thanks this.
  4. Diesel Dave

    Diesel Dave Last Few of the OUTLAWS

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    What is retirement? Is that when you get old, stop working, and die and your spouse and new boyfriend spend all your money you saved for 40 years ?
     
  5. Travelworld2067

    Travelworld2067 Light Load Member

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    Sorry brother about ur wife cheating on you i been there . Never again! Now women cheat on their husbands with me or i just pay women a couple 100s for a good time. If your married well sorry to hear that you must have been young and dumb. And never caught her while u were working not that ur retired ##### is bluntly cheating on you o.o.
     
    Diesel Dave Thanks this.
  6. Diesel Dave

    Diesel Dave Last Few of the OUTLAWS

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    Where did say anything about cheating ? Is cheating considered when your dead ? Hmm....
    Btw.... I go home and sleep in my bed every night. Known my wife since High School and been Happily Married 38 years. It’s a shame yours didn’t last.........
     
    Travelworld2067 Thanks this.
  7. rbrtwbstr

    rbrtwbstr Road Train Member

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    Retirement? Married? I'm cashing everything out when I think I'm gonna die, and burning it all. Ain't nobody having fun on my dime
     
  8. Rideandrepair

    Rideandrepair Road Train Member

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    I doubt your in 24% brkt now but you will pay on what’s drawn so more you draw out pervyrhighervtax bracket Start young you will be rich and stay away from that weed
     
    Travelworld2067 Thanks this.
  9. Moose1958

    Moose1958 Road Train Member

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    I'm retired. Not drawing a dime of social security. I am living 100% off my investments. It can be done. However just one word of advice. TTR is not a good place to ask these kinds of questions. Find somebody you trust and let them set up something for you.
     
  10. SteveScott

    SteveScott Road Train Member

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    Save a penny starting tomorrow, then double the amount every day. Within a 30 days you'll have over 5 million bucks.
     
  11. Rideandrepair

    Rideandrepair Road Train Member

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    The question is how to double it!
     
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