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Campaign 2016 Part XIX: Escape from the Planet of Debates

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My company, and most large ones I'm guessing, still offer pensions. They're just defined contribution pensions instead of defined benefit.

I get 3% of my gross deposited into a separate account.

I guess I'm lucky for the 10% of my gross my employer chips in. (5% base plus a match of up to 5% so if I contribute 5% they contribute 10%). They had phased out pensions by the time I started and phased out retiree health insurance shortly after I started. Eventually they made the grandfathered people that qualified for the retiree insurance plan retire or give it up. Several retired and then found employment elsewhere.
 
Re: Campaign 2016 Part XIX: Escape from the Planet of Debates

I guess I'm lucky for the 10% of my gross my employer chips in. (5% base plus a match of up to 5% so if I contribute 5% they contribute 10%). They had phased out pensions by the time I started and phased out retiree health insurance shortly after I started. Eventually they made the grandfathered people that qualified for the retiree insurance plan retire or give it up. Several retired and then found employment elsewhere.

That's pretty generous unless you're in higher ed in which case its a bit more common.
 
Re: Campaign 2016 Part XIX: Escape from the Planet of Debates

We get 3% in our pension but our 401(k) has a separate match up to like 5%. Used to be six.
 
Re: Campaign 2016 Part XIX: Escape from the Planet of Debates

Quick! Call Teddy KGB!!

Trump was sniffing out Morse coded messages: sniff sniff sniff sniiiiiiff sniiiiiiff sniiiiiiff sniff sniff sniff

Clinton? Sorry, but what person wearing make-up goes to their face that much, especially TV makeup (that is normally put on with a trowel).
 
Re: Campaign 2016 Part XIX: Escape from the Planet of Debates

We get 3% in our pension but our 401(k) has a separate match up to like 5%. Used to be six.

Just do what I've done from Day 1 in the workforce: I put away an hour a day. Yes, I put 12% away into my 401k. Whatever I get beyond that is gravy.

You may say you can't do that. I say I've never had it in hand so I don't miss it, but I sure do enjoy my quarterly statements.
 
Re: Campaign 2016 Part XIX: Escape from the Planet of Debates

I contribute up to my match in my 401(k) split evenly among the Roth and traditional. Then I max my Roth IRA out. Then I go into my company's stock plan. But I always leave some for straight cash savings. I'm generally saving 20-25% of my gross when you add in company matching and pension.

401(k)s are a bad bet to put too much money into when you can invest elsewhere. Limited portfolios and it's out of your hands if that portfolio changes. I like Vanguard for my other accounts.
 
Re: Campaign 2016 Part XIX: Escape from the Planet of Debates

Clearly she was signaling her friends on the grassy knoll who faked the moon landing and know the whereabouts of Tupac and The identity of the REAL killer of Nicole Brown, Ron Goldman and Whitney Houston.

FALSE FLAG! JET FUEL CANT MELT STEEL BEAMS!!!!!!!
 
Re: Campaign 2016 Part XIX: Escape from the Planet of Debates

Do either of you guys have kids? ;)

Regarding the Trumpster, from reports I've seen he doesn't seem to be recalibrating his style any. Its odd to me how his campaign screwed the pooch on debate expectations. Why call Trump the Babe Ruth of debaters? Or claim its doubtful she'll be able to make it through the 90 minutes? When he's the one sniffling and wheezing towards the end it makes the effect that much worse. Amateur hour at the GOP campaign. :rolleyes:
 
Re: Campaign 2016 Part XIX: Escape from the Planet of Debates

401(k)s are a bad bet to put too much money into when you can invest elsewhere. Limited portfolios and it's out of your hands if that portfolio changes. I like Vanguard for my other accounts.

you HAVE to choose between the mf choices your company supplies? last 2 jobs mookie has had you can opt into managing it yourself and buying individual stocks.
 
Re: Campaign 2016 Part XIX: Escape from the Planet of Debates

Just do what I've done from Day 1 in the workforce: I put away an hour a day. Yes, I put 12% away into my 401k. Whatever I get beyond that is gravy.

You may say you can't do that. I say I've never had it in hand so I don't miss it, but I sure do enjoy my quarterly statements.

I've done it since I started at my current job. Due to various... interesting... life decisions I got started very late making 401(k) contributions (42). I started at 10% and auto-kicked it up every year until I remembered to check it and it was running at 17%. I cut it back to 15% and have left it there every since.

Because of that I might just eek out the retirement I need between that, SS, and my pension.

Kids, the first job you get put up whatever your company matches -- that is free pre-tax money and it's precious. If you start in your mid 20s you will be golden.
 
Re: Campaign 2016 Part XIX: Escape from the Planet of Debates

Clearly she was signaling her friends on the grassy knoll who faked the moon landing and know the whereabouts of Tupac and The identity of the REAL killer of Nicole Brown, Ron Goldman and Whitney Houston.

FALSE FLAG! JET FUEL CANT MELT STEEL BEAMS!!!!!!!

You forgot Vince Foster!!!! :)
 
Re: Campaign 2016 Part XIX: Escape from the Planet of Debates

you HAVE to choose between the mf choices your company supplies? last 2 jobs mookie has had you can opt into managing it yourself and buying individual stocks.

You can manage your own 401(k)? How the heck is that legal under that statute?

That said, Index Funds will beat every investor not named Warren Buffet. eTrade = a fool and his money.
 
Re: Campaign 2016 Part XIX: Escape from the Planet of Debates

You can manage your own 401(k)? How the heck is that legal under that statute?

That said, Index Funds will beat every investor not named Warren Buffet. eTrade = a fool and his money.

through fidelity. one creates a brokerage account and buys away.
 
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