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by bluGill 469 days ago
Pensions are not under your control. mostly they were good but once in a while the company you worked for, for 30 years went bankrupt and then you found out the penson was in company stock so not only were you out your job/income you also lost your retirement. In response to that we now have laws about what pensons can invest in - but that means their returns are terrible and so they are not a good roi.

more people have access to a 401k today than ever had a pension as well.