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Reply to "Ford says pensions are a plan of the past"
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[quote=Anonymous]There are serious downsides to pensions attached to jobs. My spouse has a pension for their job and it's really limited choices we can make because once you hit the halfway point on earning the pension, it becomes financially hard to justify leaving that job. At this point, we'd lose close to over 700k in pension payments if my spouse changed jobs. And everyone else who works there is the same -- tons of people just counting down the years (or moths, or days) until they can retire with their full pension. I mean, there are huge upsides to pensions too, but I don't think it's always the gift you think it is at first. I know my spouse would love to leave their job but we are not wealthy enough to justify it.[/quote]
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