Comment on Why would someone desite a pension instead of a 401k?

Brkdncr@lemmy.world ⁨1⁩ ⁨month⁩ ago

• some_guy@lemmy.sdf.org ⁨1⁩ ⁨month⁩ 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.

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  • Anticorp@lemmy.world ⁨1⁩ ⁨month⁩ 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.

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    • BigBananaDealer@lemm.ee ⁨1⁩ ⁨month⁩ ago

      are you a recruiter?

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      • Anticorp@lemmy.world ⁨1⁩ ⁨month⁩ 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.

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  • BombOmOm@lemmy.world ⁨1⁩ ⁨month⁩ 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.

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    • Anticorp@lemmy.world ⁨1⁩ ⁨month⁩ 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.

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