Welcome to Dividend.com. Please help us personalize your experience.

Select the one that best describes you

Thank you!

Check your email and confirm your subscription to complete your personalized experience.

Thank you for your submission, we hope you enjoy your experience


Pricing
Go Premium Now
Login
Best Dividend Stocks
Ex-Dividend Dates
High Yield Stocks
Strategies
Tools
Articles
Premium
Advisors
Guaranteed Income

Bar chart showing pensions decreasing

News

Yep. Kiss Your Pension Goodbye

Aaron Levitt Oct 11, 2017


For investors, retirement is generally built on three pillars: personal savings – such as 401(k)s – IRAs, and social security from the government. And for the lucky few, corporate pensions. The steady stream of monthly income from employers has dwindled in recent years as most firms have moved to strictly offering defined contribution plans like 401(k)s.

And it looks like the number of people with pensions is set to dwindle further.

According to a new study, the underperforming nature of several pensions is only going to get worse, which could mean a full on disappearance of the pension from the retirement lexicon. And that’s a problem for those investors already in one.

Want to retire in peace? Follow our Retirement Center.

Living Past 100

Originally, pensions (or defined benefit retirement plans) were the only retirement plan. With pensions, an employer makes contributions into a pool of funds set aside for a worker’s future benefit. That pool is invested, and then that pool of funds is paid to former employees as they retire. And for a long time, this system worked great.

To read the Full Story, Go Premium or Log in

Popular Articles