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ptarmigan said:Once again, people caring only about themselves. That high B fund is great, IF you have a long ways to go, and IF your investment choices did well (a bigger "if" than you might think!). Yeah, let's reduce it to the UPS mix, THAT would be fair to those 50 and up, right? True colors showing here, I think. ME ME ME!
Purpled said:Fox,
You are absolutely correct that the A fund is a much better deal than the B fund, even if the B fund were enhanced. The problem is that so many A plans have disappeared recently that folks are coming to realize that a bird in the hand is worth...well you know. If you calculate the value of your A plan over your expected lifetime to be X dollars, you'd be a fool to pass up a check for X/2 at retirement.
Fred himself said that most companies would be dumping the A plan in the future, and I have little confidence that it will still be around 10 years from now, much less 25 or 35. I'm not sure how the new pension reform will help us out, but I have high confidence that the companies will find a way around it.
You seem like a pretty savvy guy financially, but I think you've got your blinders on here to the real possibilities of what could happen to our(your) retirement. I hope not, since it's just about the best thing I've seen in the business world for labor, but I'm just not convinced.