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<blockquote data-quote="fatboy33" data-source="post: 4957321" data-attributes="member: 60331"><p>Right. 401k(retirement Risk investment) and pension( company payout after retirement) are two different things all together. You are allowed to move your 401K balance into some sort of fund that's less risky but the return is much lower. If you're close to retiring, maybe considering moving out of the 401k scheme. All it takes is a few billionaires to decide to move money out of the market an there goes half your value.</p></blockquote><p></p>
[QUOTE="fatboy33, post: 4957321, member: 60331"] Right. 401k(retirement Risk investment) and pension( company payout after retirement) are two different things all together. You are allowed to move your 401K balance into some sort of fund that's less risky but the return is much lower. If you're close to retiring, maybe considering moving out of the 401k scheme. All it takes is a few billionaires to decide to move money out of the market an there goes half your value. [/QUOTE]
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