Article about the vanishing retirement pension

[James48843]

Motley Fool had a good article about the vanishing "traditional pension fund", and it's 401k style replacements.


http://www.fool.com/news/commentary/2006/commentary06090804.htm?source=eptyholnk303100&logvisit=y&npu=y&bounce=y&bounce2=y
is the link. A nice read.

 

[rokid]

...and the poor returns of 401Ks (5%) vs managed pension funds (9.38%) during the period 1984-2000.