Originally Posted by tennisguru

That’s basically the main point. The company is only going to pay us X number of dollars for retirement. Any amount that we decide should be directed towards a DB plan takes money from the DC plan. Even if you’re hitting the 415c limits and getting cash in your hand that’s still better than a DB as you have the ability to do your own diversification say via real estate if being 100% in the stock market isn’t your thing. The only thing about a DB that is remotely positive is that it is completely hands off in that you never need to personally manage it like other investments. The problem is that freedom from hassle comes with a cost of much lower returns over a career and of course the threat of the money vaporizing in bankruptcy. On my very first paycheck in training here at Delta they gave me ~$300 in DC, and that money and the growth off of it will be mine until the day I die, barring government confiscation.