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RTD Guy's let's hear how life is
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<blockquote data-quote="vantexan" data-source="post: 3647480" data-attributes="member: 24302"><p>If only the portable plan would give $300k to couriers. It won't. And currently CD's don't pay 4%. You can leave money in portable earning 4% but you can't draw on it or principle. To get at money you have to roll it over into another vehicle. If annuity your principle is locked in. Could put it into mutual fund but you'll roll with the market. May earn 8% or more annually but then a crash could lose you 30-50% of your principle which would be disastrous to your finances. I'll take the traditional pension.</p></blockquote><p></p>
[QUOTE="vantexan, post: 3647480, member: 24302"] If only the portable plan would give $300k to couriers. It won't. And currently CD's don't pay 4%. You can leave money in portable earning 4% but you can't draw on it or principle. To get at money you have to roll it over into another vehicle. If annuity your principle is locked in. Could put it into mutual fund but you'll roll with the market. May earn 8% or more annually but then a crash could lose you 30-50% of your principle which would be disastrous to your finances. I'll take the traditional pension. [/QUOTE]
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