Comment on Why would someone desite a pension instead of a 401k?
Brkdncr@lemmy.world 6 days ago
30 and out. Work for a single company for 30 years and you can retire by 50 with full pension. Doesn’t exist anymore, but it used too.
Comment on Why would someone desite a pension instead of a 401k?
Brkdncr@lemmy.world 6 days ago
30 and out. Work for a single company for 30 years and you can retire by 50 with full pension. Doesn’t exist anymore, but it used too.
some_guy@lemmy.sdf.org 5 days ago
Wow. All my life, 65 has been retirement age. I didn’t know that it had been even earlier. I expect to work until death.
Anticorp@lemmy.world 5 days ago
Military and government can retire after 20 years. So if you’re 18 when you start college, 22 when you finish, and you get a commission as an officer, you can easily hit Major by retirement age at 42, and receive like $6000-$7000 per month, plus benefits, for the rest of your life.
BigBananaDealer@lemm.ee 5 days ago
are you a recruiter?
Anticorp@lemmy.world 5 days ago
No, I just know someone who did this. Then he got a cushy job as a trans-pacific airline pilot making double his pension. He’s made of money now.
BombOmOm@lemmy.world 5 days ago
Even before, people would often work later into life. Many people are fucking terrible with money and if spent poorly, you may need a job even with the pension.
Anticorp@lemmy.world 5 days ago
Plus there are a bunch of weirdos that don’t have any purpose outside of work, so they voluntarily keep working for some company.