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Why a 401(k) Will Yield You More Money Than a Pension
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<blockquote data-quote="reginald95" data-source="post: 5619074" data-attributes="member: 48321"><p>Since I went driving 11 years ago, I maxed out my 401K. It's grown exponentially and I got about another 20 years left till I can retire. Pension will be side money for me as well as SS once I reach that age.</p><p></p><p>Pensions are good because I bet at least half of our workforce hasn't even opened up a 401K. People don't really invest in their future on their own. If we got rid of the pension, everyone would be crying poor once they realize they will have <img src="/community/styles/default/xenforo/smilies/group1/censored2.gif" class="smilie" loading="lazy" alt=":censored2:" title="Censored2 :censored2:" data-shortname=":censored2:" /> when they retire or have to work longer than they'd like.</p></blockquote><p></p>
[QUOTE="reginald95, post: 5619074, member: 48321"] Since I went driving 11 years ago, I maxed out my 401K. It's grown exponentially and I got about another 20 years left till I can retire. Pension will be side money for me as well as SS once I reach that age. Pensions are good because I bet at least half of our workforce hasn't even opened up a 401K. People don't really invest in their future on their own. If we got rid of the pension, everyone would be crying poor once they realize they will have :censored: when they retire or have to work longer than they'd like. [/QUOTE]
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Why a 401(k) Will Yield You More Money Than a Pension
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