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The focus on 401ks has destroyed the retirement for millions of Americans over the last generation.
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<blockquote data-quote="DriveInDriѵeOut" data-source="post: 2358794" data-attributes="member: 44954"><p>Except a pension has years to wait for a market correction, because it has years of workers involved. Where as your 401k can look great one day, and then when your retirement comes the economy tanks. Then you have to choose between continuing to work past when you planned to retire and wait for the market to correct, or take a loss from what you had planned.</p><p></p><p>Do you really not understand?</p></blockquote><p></p>
[QUOTE="DriveInDriѵeOut, post: 2358794, member: 44954"] Except a pension has years to wait for a market correction, because it has years of workers involved. Where as your 401k can look great one day, and then when your retirement comes the economy tanks. Then you have to choose between continuing to work past when you planned to retire and wait for the market to correct, or take a loss from what you had planned. Do you really not understand? [/QUOTE]
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The focus on 401ks has destroyed the retirement for millions of Americans over the last generation.
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