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The Concept of a Pension Should be Offensive to People
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<blockquote data-quote="Johney" data-source="post: 5799871" data-attributes="member: 10995"><p>How would I be cashing in $15,000 a month? First off I would have to work till I was 59 and a half before I could collect. I have money in my 401k that I saved and money coming from a pension where all I had to do was show up which I was going to do anyway. Let’s just say they did a match yet I didn’t or couldn’t put money into a 401k? Where would I be now? At the age I retired I’ll have collected over $115,000 dollars by the time I’m 59 from my pension alone.</p><p>Not to mention when the market tanks how much we all lose from our 401k money.</p></blockquote><p></p>
[QUOTE="Johney, post: 5799871, member: 10995"] How would I be cashing in $15,000 a month? First off I would have to work till I was 59 and a half before I could collect. I have money in my 401k that I saved and money coming from a pension where all I had to do was show up which I was going to do anyway. Let’s just say they did a match yet I didn’t or couldn’t put money into a 401k? Where would I be now? At the age I retired I’ll have collected over $115,000 dollars by the time I’m 59 from my pension alone. Not to mention when the market tanks how much we all lose from our 401k money. [/QUOTE]
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The Concept of a Pension Should be Offensive to People
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