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1. tartor+(OP)[view] [source] 2024-11-05 17:56:30
> en if you contribute late, you probably don't need to draw down on the 401k until much later in your retirement to make up the difference between your pension payouts and inflation. So that could still mean a few decades of compounding growth.

I guess you could try living frugally and wait it out for as long as you can. The only hope is that you won't die before you even begin to tap into it but I guess more for your family...

replies(1): >>legits+V1
2. legits+V1[view] [source] 2024-11-05 18:08:56
>>tartor+(OP)
The idea is that you still take the reduced pension payouts and then the 401k is there later for when it's not enough.
replies(1): >>tartor+sb
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3. tartor+sb[view] [source] [discussion] 2024-11-05 19:20:53
>>legits+V1
Yep, I get that part. Thanks for the clarification though.
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