[norraad]

.." uh , oh"

[decimon]

Millions of workers who are lucky enough to still have traditional defined benefit (meaning employer paid) pensions...

Lucky if the employer can keep up the payments.

[Popman]

I have a feeling all this will be moot as the dollar becomes more and more devalued.

I see no real difference in getting X or Y if you retire earlier if a loaf of bread costs $12.50 and milk is $9.50 a gallon and your house is worth $.10 on a dollar.

I know, I'm an optimist / s

[mountainlion]

Where I worked some guys retired before January 1 so all their saved vacation and sick leave would be paid as income in the next year when the income was lower. Some of these guys even got almost $30K buyout also. All of this amounted to almost a years pay.

[XEHRpa]

And taxes. Don’t forget tax rates will likely rise in the near future, too.