[ChronicMA]

the 401k started in 1980, just about the time young baby boomers were entering the workforce. Many of the traditional pension plans were subsequently reduced as companies expected us to use the 401k plans as a substitute for them.

[Dr. Sivana]

the 401k started in 1980, just about the time young baby boomers were entering the workforce. Many of the traditional pension plans were subsequently reduced as companies expected us to use the 401k plans as a substitute for them.

Numerous moves and job changes would have kept me from getting a serious pension anyway. I wasn't cut out to pick a company and be its liege for life. I could have done it with TAN Books if they didn't go bankrupt and move, but they didn't have any kind of plan, as TAN's finances were always on the edge.