It "looks like" what ever -you- deposited to your own 401K plus the company puts in 15% of what ever you're earnings were. Even if you were making $200,000/yr. that's only $30K per year. I don't think there is any minimum vestment time anymore, is there?

How much money do you think you'll need to "Retire", when you hit age 65, and not seriously lower your standard of living?

$1 Million? Two? Three?

My guess is, at least $3 Mill in the bank (in today's dollars, inflation is going to kill you in 20 years), to live off the interest and take some principle out each year, for the next 25 years, age 65-90.

So how many years do you think you'll have to work to generate enough money to retire on, at a whopping $30K/yr, if you're even close to earning $200K for 30 years to begin with?

Quick math in public: If you earned on average; $200K (before taxes remember!) for -30 years-, the company would have only put in $900,000.

Not even one Mil.

My (lost) DB plan was worth $1.4 Mill after only 20 years service. Any wonder why the company wanted to get rid of that retirement plan?

Think you can retire at 65 and live to be 90, on less than a Million? $1 Million, divided by 25 years in retirement means living on $40,000/yr. Think you can live on that?

Maybe, if you live in van, down by the river.