Pensions have a lot of problems. They become handcuffs that keep workers at the same place no matter how unhappy they are, and employers know how to take advan

Pensions have a lot of problems. They become handcuffs that keep workers at the same place no matter how unhappy they are, and employers know how to take advantage of that. It's easy to look back with rose-colored glasses but I know several people who dragged themselves though several years of misery to hang on to their pension funds. I wouldn't trade my 401k.