Posted by davpal on April 18, 2014 at 22:48:06 from (72.251.53.202):
In Reply to: Re: Union Workers posted by W_B on April 18, 2014 at 07:56:57:
Actually dumb@ss I've been dumping 10% of my gross income into a 401K for 31 years along with a company match into mutual funds and probably have more in there than your whole family does but that still doesn't equal a defined pension plan and it never will. I would trade my hefty 401k for a pension and health insurance today if it were offered. I get my information from yahoo finance and according to them about 50% of the working population have less than $1000 in a 401k and 66% of them have less than $25,000. Start pulling about $75,000 a year out of your 401K for your health insurance and living expenses and see how many years you go out and buy motorhomes and take vacations. I notice your counting on your wife for retirement money also. Nice. I'm sure if I want to haul around parts in a factory until I'm 65 and croak 3 years later everything will work out ok. Or I could have just went to GM and worked for a union and RETIRED with a pension and health insurance at 48 years old because of a UNION that fought for those benefits.
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Today's Featured Article - The 8N and the Fox - by Zane Sherman. Dec. 13 1998, Renfroe, Alabama. Last niht I dreamed about the day that I plowed the field of about 10 acres over on what Jimmy and Dandy called the Ledbetter field. I was driving the 1948 8N Ford tractor that Jimmy bought in 48 new This was prebably in about 1951 and maybe even befor the house was built. This would have made me to be about16 years old and I drove the tractor for nothing and would have paid to drive it if I had had any money which I didn't, but neit
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