Originally Posted by
Timbo
And if you are investing 20% of your money for your retirement now, that money is not available for you to pay bills. i.e. another 20% pay cut vs. the old DB plan which did NOT require you to 'invest' anything.

Nope. Sorry. That dog don't hunt. Money in my accounts and in my name can in absolutely no way be construed as a paycut. It might not be liquid, but it sure ain't a paycut