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California is a sorry excuse for a state
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<blockquote data-quote="Oldfart" data-source="post: 3257857" data-attributes="member: 64407"><p>I will take my 401k over my defined pension if I only had 1 choice. Some of the Vanguard choices have averaged 20% or more over the past 10 years. You can throw a dart at our choices and come out a winner. With the match being 55% and the tax savings you can't go wrong.</p><p></p><p>Our other pension plan is returning 4% each and every year since inception. Not a bad return.</p></blockquote><p></p>
[QUOTE="Oldfart, post: 3257857, member: 64407"] I will take my 401k over my defined pension if I only had 1 choice. Some of the Vanguard choices have averaged 20% or more over the past 10 years. You can throw a dart at our choices and come out a winner. With the match being 55% and the tax savings you can't go wrong. Our other pension plan is returning 4% each and every year since inception. Not a bad return. [/QUOTE]
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