[neilv]

> IBM is able to provide a benefit to IBMers that also helps diversify their retirement portfolios.

How is this helping diversify a retirement portfolio?

(Compared to the usual advice of total-market stock and bond index funds.)

[bluGill]

Most people overweight in stocks, which considering bond returns over the past 30 years is probably a good idea despite the risks.

[chii]

Bond yields have risen, so this may not be true for the next 30yrs as it was in the last 30.