With a government job, you may have a pension and a 457b plan, which is much like a 401k. It's often mentioned that one of the biggest investors in the US (and

With a government job, you may have a pension and a 457b plan, which is much like a 401k. It's often mentioned that one of the biggest investors in the US (and I assume the world) is CalPERS, which manages pensions for California state employees. You may not be particularly in tune with the stock market just because you have a state pension, but indirectly it matters to you.