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URL:  http://boards.fool.com/macnugget-writes-ltltbut-ive-also-heard-many-30496659.aspx

Subject:  Re: Retirement savings benchmark Date:  1/20/2013  9:45 PM
Author:  intercst Number:  71271 of 76398

MacNugget writes,

<<But I've also heard many people who do have pensions complain that they are small, and I've always figured it was more than the $0 I will get from the pension I don't have.>>

I don't think I know anyone my age (42) who has a pension. To my ear they're like bakelite or rotary phones -- not something that exists in modern society.

While I'm sure that's a very skewed and inaccurate perspective in reality, it is my experience.

</snip>


Nationwide, about 42% of private-sector workers have some kind of defined-benefit pension coverage. Of course, virtually all Gov't workers have pension coverage.

http://crr.bc.edu/wp-content/uploads/2012/09/IB_12-16.pdf

intercst
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