I worked 30 years at same company that offered pension & 401K benefits....

I'm enjoying both now. The company no longer offers pension to new hires. My advice to my 20 something kids is to stay with same company as long as you are getting promotions/advancement & growing in competence. Once you become frustrated with lack of either, time to move on. And open an IRA account & contribute as much as you can afford.

In response to this post by Hokebury

Posted: 03/31/2022 at 1:38PM

I worked 33 years at one company and got squat the entire time and when -- Hokebury 03/31/2022 12:34PM

You turned down a steak dinner? ** -- vthhhi 03/31/2022 4:51PM

It was used steak ** -- FfxStationHokie 03/31/2022 4:52PM

The official retirement steak used for decades ** -- TomTurkey 03/31/2022 5:04PM

New distillery job? ** -- MEHOKIE 03/31/2022 4:05PM

I didn't choose that wisely.... ** -- Hokebury 04/01/2022 12:25PM

A fifth? My boss gave me a WHOLE whiskey on my BD. ** -- Guy LeDouche 03/31/2022 3:52PM

Did you get a lousy T-shirt? ** -- Baltimore Hokie 03/31/2022 3:35PM

I worked at one company -- VTUD 03/31/2022 2:40PM

I worked 30 years at same company that offered pension & 401K benefits.... -- BusLoadaBozos 03/31/2022 1:38PM

Nope, go for the most stock options and retire early....LOL ** -- UTPr0sim 03/31/2022 4:39PM

And work for a company that does matching 401K contributions... -- EDGEMAN 03/31/2022 2:04PM

Your last sentence for sure. Even if you do a traditional 401k and/or the -- AbsolutVT03 03/31/2022 1:46PM

The advice I gave my kids regarding 401K was to contribute enough........ -- BusLoadaBozos 03/31/2022 1:52PM

While good advice, I do kinda regret "only" contributing enough -- Tafkam Hokie 03/31/2022 3:17PM

Smart advice. I scream at people who don't contribute up to 100% of... -- EDGEMAN 03/31/2022 2:06PM

Yeah even fresh out of college I always did enough to get the match. It -- AbsolutVT03 03/31/2022 3:10PM

I honestly think the best advice to someone young entering the workforce -- Tafkam Hokie 03/31/2022 1:42PM

That's also good advice to managers... -- RTFC 03/31/2022 2:22PM

I think the longer time you have been there the less they appreciate you -- FfxStationHokie 03/31/2022 12:52PM

And usually, it's only XY the NH recommends and completely forget the Z... ** -- Burruss Writer 03/31/2022 1:25PM

100%.. really encourages people to switch jobs.. only caveat is the ones -- 6thStreetHokie 03/31/2022 1:25PM

…should have gotten a paycheck every two weeks or so ** -- chumley 03/31/2022 12:51PM

You get paid? Damn wish someone had told me that.... ** -- Hokebury 03/31/2022 12:58PM

I worked 30 years at same company that offered pension & 401K benefits....

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