Quote:
Originally Posted by wdmso
they do count just not by those who employ them
https://protectpensions.org/2016/08/...ctor-pensions/
It is one of the most well-known stories about American retirement: the decline of defined benefit pensions in the private sector. At one time, 88 percent of private sector workers who had a workplace retirement plan had a pension. That number is now 33 percent. |
But now most companies are offering 401k or 401k-like retirement funds with different matching options....if you choose to invest in them. Even temp agencies are now starting to offer retirement savings options.
Since getting out of the service I have worked for 7 different private companies....they all offered 401k-type plans....and I invested in every one because I knew someday I would retire. Right now I work in the public sector and they, too, offer a 401k type plan for retirement....and I'm investing in it as well.
this has been going on for 30 years for me....so this is not something new.