I disagree. If your employer doesn't have a 401K (or 403B or 457), then invest elsewhere. My step 2 for investing is a Roth IRA -- which you get outside of work.
...but not relevant when your company has a different retirement plan you and your employer contribute to.
What employers do that anymore? Besides government employers. Again, if someone is getting a pension don't depend on it, just like SS. Save and invest as though the pension doesn't exist, when you later get the pension count it as gravy on top. That way you, not the employer, call the shots.
“I disagree. If your employer doesn’t have a 401K (or 403B or 457), then invest elsewhere. My step 2 for investing is a Roth IRA — which you get outside of work.”
1. If your employer has a regular pension plan, that you and your employer contribute to, then why also put money in an IRA?
2. Only 15% of current eployed folks do an IRA or Roth IRA and much of that reason is after all other financial obligations and savings there is not excess income with which to put into an IRA.