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View Diary: Social Security is doomed, what are you doing to prepare? (57 comments)

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  •  "All" Workers (0+ / 0-)

    And even then, probably no more than 50% ever really had a traditional defined benefit pension.

    Not too many waiters or store clerks, or farmers, or taxi drivers or haberdashers ever had pensions.

    This is still true today even as the dominant form of pensions has changed to defined contribution plans (e.g 401k's)..

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