Looking for some thoughts on retirement options! I started a new job & am trying to decide on retirement options. (1) Pension that requires 7% investment. Benefits then determined based on service credit, age at retirement, and pay. (2) 401K that will match 7% investment with 8% from employer. Thoughts?! I haven't been out of grad school for very long and this is going to be my first retirement investment decision. I have done a lot of research and it seems there are many pros/cons for both.
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