[Alas Babylon!]

Statistic #1: Retirement account savings

Some off us still have pensions. We gave up part of our salary so our employer would pay us a pension for life after retirement.

Some—certainly the minority—did a good job investing these funds. I’m lucky enough to be under one of these.

[southernindymom]

We had a pension plus 401K that we rolled together. Worked hard, saved and still enjoyed ourselves. Having more fun now. We retired from jobs to now doing what we want, when we want. It’s great!

[mware]

Retired 10 years ago at 61, almost 62. Was a 7th grade teacher, owned my home and car. I have a pension that brings 3,500 a month. During my career I had two TSA one reaching 120,000 the other 20,000. I had over 230 sick day accumulated (treated it as extra insurance policy in case of illness) When I retired collected on 100 of those day, couldn't collect on any of the other days.

10 years later. Still collect on pension and ss is 1,400 a year. Still have 86K and 23K in TSA's. I do lease a car rather then own one. May buy car at end of rent option in two years. Heath wise in pretty good shape.

preparing for retirement takes the better part of your working years.