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Following a recent job change, my new employer is offering me two options:

1. A defined benefit plan which appears to offer a guaranteed benefit at retirement (if I stay for ten years), BUT it includes health insurance (assuming that the plan continues to offer health insurance when I retire)

2. A defined contribution plan that allows me to invest a portion of my income pre-tax into a selection of mutual funds.

The health insurance issue has me worried. The cost of health coverage if I have to get it on my own could be a lot, and it could be a lot more by the time I retire (could be 30 years).

I would appreciate your thoughts.

Thanks in advance.
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