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mitch96

(15,413 posts)

7. "Too many companies and government entities don't properly fund their pensions"

Reply to PoindexterOglethorpe (Reply #6)

Sun Apr 21, 2019, 01:36 PM

Apr 2019

I worked for a county hospital that had is's head screwed on straight. They realized as a hospital they had to make money to advance new medical treatments. That thinking went to it's care of the employees. They took care of us but they also took their pound of flesh out of you. You had to work hard and be responsible for what you did. They saw a mistake or error as an opportunity to make things better.
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Highlight:

Saving for retirement is hard. Knowing how to spend it down is harder. [View all] Zorro Apr 2019 OP

I found one thing is to keep saving money by pretending you still have a mortgage (I don't), but... SWBTATTReg Apr 2019 #1

I have been doing the 4% rule for the last doc03 Apr 2019 #2

What initially got me was the 800lb gorilla in the room... mitch96 Apr 2019 #3

While not having a mortgage in retirement is nice, PoindexterOglethorpe Apr 2019 #4

"Annuities may not be for everyone, but they have their place" mitch96 Apr 2019 #5

At least your pension is funded. PoindexterOglethorpe Apr 2019 #6

"Too many companies and government entities don't properly fund their pensions" mitch96 Apr 2019 #7