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Reply to "Whose non-government relatives have pensions?"
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[quote=Anonymous]My parents. Worked for the largest company in our town (manufacturing), but in white collar jobs. Mom mostly worked as a contractor so she could set her schedule, only worked as an employee long enough to vest, so her pension isn't large. Dad worked there basically from his 20s through his 50s and his pension is enough to cover all of their living expenses, they haven't even had to touch their 401ks and only recently started taking SS to lock in their benefits in case of reductions. So they say "don't worry, you're doing fine on retirement savings, we weren't able to save that much at your age" and I'm like "...apparently you didn't need to at all, we are not in the same situation!" [/quote]
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