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Reply to "s/o If you have a job with a pension ..."
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[quote=Anonymous]DH and I both work at a company with both a traditional defined benefit pension program and a 401k (though newly arriving employees don't get into the DB pension anymore). It's a huge part of our decision-making process not only for retiring, but also whether to leave and work somewhere else. Even if I retire in my late 40s, the pension would give me about $1,400 a month starting at 65. Obviously not enough to live on, but a nice supplement to a well-funded 401k and to social security. And if I kept working until 65, the pension would be about $4k a month. [/quote]
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