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RE: Be careful what you wish for

Thanks for explaining things. I didn't touch upon this 401k business as I only know it's something to do with pension, nothing more. Here we have something called "private pension funds" alongside state funds. I wouldn't give these guys one cent... :)

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Thanks for participating! I wish I would have invested outside of the 401k. We had a pension at my company too and you didn't have to invest any of your own money in it. So far they haven't eliminated it yet (like most US companies have). If it's still in existence I can start collecting when I'm 55.