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Reply to "s/o If you have a job with a pension ..."
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[quote=Anonymous]Pensions are few and far between, and I would be very cautious about leaving a career with a pension unless you have other solid savings for retirement. 401ks have not been as great as promised, particularly when you are limited to options chosen by your employer. I left a job with a pension after 20 years. I'll get a half benefit when I turn 62. But I got a 40% raise, with room to grow, and a very robust retirement plan as well. I still supplement with 401(k)s. I do count that 1/2 pension benefit toward retirement planning. It's defined benefit, for life, with COLAs. Just not as big as it would have been had I stayed another 10 years. [/quote]
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