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One thing that a person could do with this information: if you were counting on your pension to last the rest of your life, you might postpone your retirement a
by rabidrat 7y ago
One thing that a person could do with this information: if you were counting on your pension to last the rest of your life, you might postpone your retirement a few years.
- gizmo686 7y agoDoes that actually help with pensions? If the pension fund has problems, when 1 beneficiary delaying retirement wont make a noticeable difference. You might as well just retire and take what you can get while the fund is still paying out in full. As an aside, before making an individual decision on what to do about your pension, look into what happens if it fails. At least in the US, private pension funds are insured.
- rabidrat 7y agoI meant it more as, you may not be able to count on your pension, so work a few more years and save additional money for retirement.