WARNING: Boeing Eliminates 64k Pensions – A Lesson For You? YES

Posted by Alan J. McMillan on Tue, Mar 11, 2014 @ 08:47 AM

Reported Friday on my Yahoo News Feed, the aero space giant, Boeing, is ending their defined benefits program (pension) and moving to a defined contributions program (think a 401k or similar).  Two generations ago, pensions were common for American workers. 

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Topics: Alan McMillan, Retirement, Retirement Funds, Saving for Retirement, Retire Young, Retirement Age, Boeing, Pensions