If I am following your logic, are you saying not to invest in a 401K because you "only" get $5K in 5 years? IOW, are you saying putting money into a 401K is not as good of an idea as your suggestion of over blocking every trip?
Originally Posted by
Ellen
So let's look at this... Most new hires don't opt for 401k because they need money to buy things like "food and water."
However, assuming that most places are 2%, 4%, 6% match based upon longevity... That means if you earned $35k yr 1 and maxed your 401k contribution, the company would contribute $700. (Roughly $2 per day). Five years later... Assume total company contribution of around $5k.
Not exactly a needle pusher in my mind. As far as being vested from day one.... $5k after five years is lollipop money even if vested at 100%.
Why not over block 1 hour for every 4-day trip for the next 5 years? You could probably earn an extra 250-300 hours of pay during that time.