Originally Posted by
XHooker
Nobody is suggesting that, and if you think everything's going to come up roses because you control all of your own money, you need to look at the history of the stock market and hope you don't retire in a trough.
A double edged sword for sure. I’ve been playing the market for about 25 years now. When it goes down, which it inevitably will, I still have some control and procedural things I can do to preserve wealth. When they autonomously took my ESOP and pension away I was simply skrewd with no recourse. It’s that simple.
I do not, nor will I ever trust this or any other corporation to maintain my retirement through a pension ever again. To even entertain the thought of reinstating an A plan is the very definition of insanity.
The very first day of Indoc in 1997 we were told “your pensions can never be taken away” we have a “ rock solid no furlough clause”......
Wake up call if you don’t already know this. They lie.