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Pension takeaway
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<blockquote data-quote="vantexan" data-source="post: 1139959" data-attributes="member: 24302"><p>When you participate in the 401k you are participating in the very system that is pushing people out of the middle class. They don't give you the 401k as a benefit. It's a money laundering system to put your money directly into their pockets. Yes, you benefit from it because you're topped out and that along with your spouse working let's you participate at an acceptable level. Those of us who aren't topped out, especially if we are in areas with little OT, can't participate well enough to finance a decent retirement unless we participate for 40 years and are very discerning in dealing with market fluctuations, etc. But whatever we put in directly benefits the kind of people who force us to work decades next to others who are paid much better, lying all the time about how the company is looking at the pay issue, just hang in there. Go make your thousands, live your American Dream. We who are being screwed helped finance it.</p></blockquote><p></p>
[QUOTE="vantexan, post: 1139959, member: 24302"] When you participate in the 401k you are participating in the very system that is pushing people out of the middle class. They don't give you the 401k as a benefit. It's a money laundering system to put your money directly into their pockets. Yes, you benefit from it because you're topped out and that along with your spouse working let's you participate at an acceptable level. Those of us who aren't topped out, especially if we are in areas with little OT, can't participate well enough to finance a decent retirement unless we participate for 40 years and are very discerning in dealing with market fluctuations, etc. But whatever we put in directly benefits the kind of people who force us to work decades next to others who are paid much better, lying all the time about how the company is looking at the pay issue, just hang in there. Go make your thousands, live your American Dream. We who are being screwed helped finance it. [/QUOTE]
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