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The Thing About OT...
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<blockquote data-quote="ThePackageDeli" data-source="post: 5210588" data-attributes="member: 77514"><p>We've haven't even factored the annual returns of the 401k into this conversation yet. If you have 2.5 mil in your 401k at age 60, you're making $250k per year without even touching the 2.5! Are you kidding me?! The 401k is obviously the better route to focus on. You guys please don't under estimate the power of compound interest. The pension is great and fine but if you load up your 401k and other investments, you will have SO MUCH MORE money in the end. The pension would be as I said earlier, just a cherry on top.</p></blockquote><p></p>
[QUOTE="ThePackageDeli, post: 5210588, member: 77514"] We've haven't even factored the annual returns of the 401k into this conversation yet. If you have 2.5 mil in your 401k at age 60, you're making $250k per year without even touching the 2.5! Are you kidding me?! The 401k is obviously the better route to focus on. You guys please don't under estimate the power of compound interest. The pension is great and fine but if you load up your 401k and other investments, you will have SO MUCH MORE money in the end. The pension would be as I said earlier, just a cherry on top. [/QUOTE]
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