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 - George's Fordson Major - by Anthony West (UK). This is a bit of a technical info to add on to the article about George's Major in the "A Towny Goes Plowing" article. George bought his Major from a an implement sale about 18 years ago for £200.00. There is no known history regarding its origins or what service it had done, but the following work was undertaken by Harold alone to bring it up to show standard. From the engine number, it was found that the major was produced late 19
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