best places to live


In terms of retirement, who gets ahead quicker?

Who gets ahead quicker..... The guy that goes to work for the city or state and gets their retirement, or the guy that works in the private sector and has a 401k for retirement?

Public Comments

  1. really tough to answer - a good question though..... Hmmm that one will make me think
  2. Depends on who saves the more though out their career anyway I have to say the guy that get their retirement from the city or state because I would be getting my retirement pay when i turn 38yrs old I dont know how other states work(I think its the same for city and state employees) because speaking for this city&state, city and state employees are lucky here because you are able to invest in both a pension and 401K but either way if you are stupid not to take both all you have to do is give 20 years of service and collect your retirement from the city or state for the rest of your life then you could go work at another job until you are 62 or 65 if you like and still collect 401K from that private sector the only thing a pension affects is social security benefits check this site out to read more on it http://money.cnn.com/2002/09/10/retirement/q_pension_401k/index.htm
  3. Big question and there is no wright answer... More to do with who puts the most away and the investment option.
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