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In reply to the discussion: Do you have a pension? [View all]

BeyondGeography

(39,393 posts)
58. That's great
Tue Feb 25, 2020, 08:38 AM
Feb 2020

Highly unusual, rare even.

Not asking my original question out of envy; I’ve been fortunate and can’t complain. The more economically secure people we have in this country the better. Behavior is changing with the times. The next pension crisis (and it’s coming) will take a big chunk out of what’s left of defined benefit pensions. And we have monetized necessities to the point where the essentials chew up a much bigger chunk of income than in decades past. I have a daughter in her 20s who is much more careful with her money than I was at that age. They have to be.

Do you have a pension? [View all] underpants Feb 2020 OP
You may need to be more specific. dawg Feb 2020 #1
I changed it. underpants Feb 2020 #2
I have an IRA that is with a management group acting as a fiducuary MichMan Feb 2020 #3
I do, but it's a shadow of its former self Cirque du So-What Feb 2020 #4
I have one that will not generate enough money per month to feed a cat... Fresh_Start Feb 2020 #5
State employee for 35 years mokawanis Feb 2020 #6
Yes, but..... Happy Hoosier Feb 2020 #7
NYSTRS 49jim Feb 2020 #8
My mom who is 90 Raftergirl Feb 2020 #21
Yes. I am under the old CSRS pension Polly Hennessey Feb 2020 #9
I've been covering all my bases Generic Brad Feb 2020 #10
I do, unless GA Gov. Kemp and his cronies have gutted the Teacher's Retirement System. GoCubsGo Feb 2020 #11
I am surprised at the % of DU'ers with defined benefit plans. essme Feb 2020 #12
Yes... though the question is still less precise than probably intended FBaggins Feb 2020 #52
Don't forget military. nt sorcrow Feb 2020 #53
That is super funny Bettie Feb 2020 #13
Most people will not be physically and/or mentally able to JenniferJuniper Feb 2020 #16
Roger that BeyondGeography Feb 2020 #30
Older people and Bettie Feb 2020 #33
Mine is a big one for state workers Bradshaw3 Feb 2020 #38
When I entered the workforce in the 80s 401ks were becoming a thing BeyondGeography Feb 2020 #40
Yes funny about that Bradshaw3 Feb 2020 #41
Retired military in my case hack89 Feb 2020 #57
That's great BeyondGeography Feb 2020 #58
I fully understand how fortunate I am hack89 Feb 2020 #59
Yes, thank you safeinOhio Feb 2020 #14
Several. Supposedly. We'll see when the day comes. WhiskeyGrinder Feb 2020 #15
This. The chaos Russia is sowing would destroy many. Hortensis Feb 2020 #17
PBGC has my failed TWA pension. trof Feb 2020 #18
Husband has military retirement pension Blaukraut Feb 2020 #19
My mother is a military widow shanti Feb 2020 #28
I haven't worked in 27 years Raftergirl Feb 2020 #20
Nope! And I'm an employee of the state of WV. a la izquierda Feb 2020 #22
Does WV have no ension plan for Raftergirl Feb 2020 #24
I'm assuming it doesn't. I've worked here for 6.5 years a la izquierda Feb 2020 #44
I don't. My wife does DFW Feb 2020 #23
Yes, lifetime pension from IBM and a 403B from University. sinkingfeeling Feb 2020 #25
I also have the old school IBM pension. Staph Feb 2020 #34
My husband will have one if the state we live in doesn't mess with it. redstatebluegirl Feb 2020 #26
CalPers and SS shanti Feb 2020 #27
My husband, and by extension, I have phylny Feb 2020 #29
Yeah... 2naSalit Feb 2020 #31
Yep Fritz Walter Feb 2020 #32
I have both Yo_Mama_Been_Loggin Feb 2020 #35
Anyone else surprised by this result? Mosby Feb 2020 #36
Survivor's benefit to my husband's Federal CSA mnhtnbb Feb 2020 #37
Various. Igel Feb 2020 #39
a long frozen one Skittles Feb 2020 #42
Dh and I both have pensions MissB Feb 2020 #43
No, but I have some practice being a homeless person. hunter Feb 2020 #45
Yes, retired from state of Ohio 2 years ago with 21 years of service. A Brand New World Feb 2020 #46
Yes, I have two. llmart Feb 2020 #47
maybe you could pony up a few bucks for a DU star Skittles Feb 2020 #54
Yes...but it was frozen at.... Xolodno Feb 2020 #48
Not gonna tell ya, wouldn't be prudent. oasis Feb 2020 #49
IBEW radical noodle Feb 2020 #50
Millennials: "What's a pension?" GanjaGrower Feb 2020 #51
Still working at 70; still paying into my 401k; waited 'till 70 to collect SS for the best payout. NBachers Feb 2020 #55
my mom has a few, my grandpa pere had 1, grandpa mare? had his stolen. pansypoo53219 Feb 2020 #56
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