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Pensions everywhere need to be alert.
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<blockquote data-quote="Babagounj" data-source="post: 5467428" data-attributes="member: 12952"><p>I'm a good example of having a pension & an 401K.</p><p>The pension covers a majority of my expenses and the 401K allows for more toys.</p><p>I used the 401K for a new custom boat & trailer, paid off my mortgage, bought a new truck { taken out around 150K over the last 7 years }. And still have enough left to keep me comfortable into old age.</p><p>And because of all this I can wait until 70 yrs to collect SS. { the maximum possible amount allowed }</p></blockquote><p></p>
[QUOTE="Babagounj, post: 5467428, member: 12952"] I'm a good example of having a pension & an 401K. The pension covers a majority of my expenses and the 401K allows for more toys. I used the 401K for a new custom boat & trailer, paid off my mortgage, bought a new truck { taken out around 150K over the last 7 years }. And still have enough left to keep me comfortable into old age. And because of all this I can wait until 70 yrs to collect SS. { the maximum possible amount allowed } [/QUOTE]
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Pensions everywhere need to be alert.
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