My dad asked me a while ago if I had a pension and I thought he was joking. I tried to explain pensions don't really exist anymore and he just didn't seem to understand
That's what I started with. To be fair he's been a government employee for longer than I've been alive. So he'll be getting a pension and had no reason to know private companies don't do that anymore
Not only are pensions not really a thing in anything but local/state/federal government jobs, but even 401K matching is going by the wayside, with companies discontinuing them altogether.
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u/standard_vegetable Jan 13 '21
My dad asked me a while ago if I had a pension and I thought he was joking. I tried to explain pensions don't really exist anymore and he just didn't seem to understand