Billy Hathorn / Wikimedia Commons

Billy Hathorn / Wikimedia Commons

(Billy Hathorn / Wikimedia Commons)Quick Read

The Post Office Loses Billions Of Dollars

Do People Need Physical Mail At All

FedEx And UPS Would Handle Deliveries

A recent study identified one single habit that doubled Americans’ retirement savings and moved retirement from dream, to reality. Read more here.

For years, the cost of retirement fund payments has hung around the U.S. Postal Service like an albatross. According to Brookings, “As of September 30, 2024, the US Postal Service (USPS) FERS retirement fund balance is approximately $138 billion, which represents 76% of its actuarial liability. Total retirement-related costs for the USPS are significant, reaching $10.3 billion in 2025, with annual pension funding obligations exceeding $10 billion.”

U.S. Postmaster General David Steiner told the House Oversight subcommittee that handles the Post Office that it could run out of money by October if it has to make more retirement payments and related payments to the federal government.

Read: Data Shows One Habit Doubles American’s Savings And Boosts Retirement

Most Americans drastically underestimate how much they need to retire and overestimate how prepared they are. But data shows that people with one habit have more than double the savings of those who don’t.

Donald Trump has suggested the best way to solve the problem is to privatize the Post Office. In March 2025, he said, “It’s an idea a lot of people have had for a long time. We’re looking at it.”

The options Steiner gave the committee should have been adopted years ago. These include ending six-day delivery and cutting some of its 33,780 locations. These, incidentally, include offices in towns with under 3,000 residents.

The Postal Service would also need to cut its workforce of 640,000. That might cause a problem. There are 533,000 “career workers.” The American Postal Workers Union represents 200,000 Post Office workers. That means large layoffs could cause a fight. And, Congressmen are not fond of the idea that a Post Office in their districts might be closed.

So, what if the Post Office closes?

Among other things, it would not be affordable to deliver mail even five days a week. That would end. And, all of the locations could disappear. How many people use the Post Office regularly? How many visit a Post Office? On the other hand, how many people use email instead of mail? How many people use email attachments instead of sending documents via mail? How many companies accept payment online?

Some portion of the delivery service would likely be taken over by UPS (NYSE: UPS) and FedEx (NYSE: FDX)–at least the deliveries that are profitable.

It’s time to sunset the Post Office, which is now about two and a half centuries old. Who really needs the mail? Not enough people to have an organization that loses billions of dollars.

Data Shows One Habit Doubles American’s Savings And Boosts Retirement

Most Americans drastically underestimate how much they need to retire and overestimate how prepared they are. But data shows that people with one habit have more than double the savings of those who don’t.

And no, it’s got nothing to do with increasing your income, savings, clipping coupons, or even cutting back on your lifestyle. It’s much more straightforward (and powerful) than any of that. Frankly, it’s shocking more people don’t adopt the habit given how easy it is.