Episode 140: The Power of Pensions

Join us for this week’s episode all about pension plans. Katie and Cam will kick off the show with the list of the most heartwarming movies about retirement. Then, we’ll dive right into the topic of retirement plans.  Nowadays when you hear retirement plan you probably think of 401(k)s. They are well known, but they are not the only “game in town” so to speak. Pensions are not as popular as they used to be, but they are still around along with many other types of retirement plans that we have mentioned in the past. What differentiates a pension plan from a defined contribution plan? In the show, we’ll answer that question and discuss public vs. private pensions, the risks associated with having a company invest your retirement funds (as opposed to making the investment decisions for yourself), and the key differences between pensions and 401(k)s. At a fundamental level, what plans are available to you will play a massive role in what retirement will look like for you, so make sure you know your options, know the differences, and take advantage.

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The List: Most Heartwarming Movies About Retirement

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Hashtags of the week: #Retirement #PensionPlan #FinancialPlan #PlanForTheFuture

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