401(k) or Bust: The Shifting Sands of Telecom Retirement
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On this episode of Your Telecom Retirement, you’ll discover the subtle shifts in the corporate world that signal a seismic change in retirement planning.
If you think pensions are a relic of the past, buckle up – we’re about to explore the twists and turns of employee benefits through the decades and how history may be poised to repeat itself.
What You’ll Discover:
📉 (0:01) – The vanishing act of pensions in the telecom industry and beyond, and what it means for your financial future
💰 (0:56) – A critical look at the shift from pensions to 401(k)s and the real math behind this trade-off
🚗 (2:04) – Comparisons between the evolution of automobile safety and corporate benefits – what seat belts and pensions have in common
🔄 (2:47) – The “what’s old is new again” phenomenon: How current trends might be harbingers of a pension renaissance
🤝 (11:44) – The unexpected consequences of corporate cost-cutting on community, loyalty, and productivity
💸 (14:32) – The stark reality facing employees who’ve eschewed pensions for pay raises – and the looming retirement crisis
🌐 (18:09) – Why our cultural and economic shifts could circle back to the surprising resurrection of pensions
This is not just a history lesson, but a wake-up call.
As a society, we are at a crossroads, facing the consequences of our choices and the potential for a future where we may demand a return to stability.
In this episode, we’ll unravel the intricacies of our working world and what it means for those clocking in today and clocking out tomorrow.
EPISODE LINKS
You can download a free digital copy of Dennis’ book “Retirement Built Right – The Essential Guide for Telephone Employees!” here: https://theverizonguy.pages.ontraport.net/ebookoptin
ABOUT THE SHOW
Tap into Dennis O’Keefe’s 30+ years of experience helping telecom employees maximize their company-specific benefits packages for situations including early retirement, buyout offers, career changes and more!
Featuring actionable, practical how-to advice along with stories of REAL telecom employees Dennis has helped navigate through every benefits situation imaginable, each episode of “Your Telecom Retirement” focuses on how to maximize the money you take out of your time working for telecom.
Dennis’ expertise has been featured by Business Insider, The Boston Globe and Yahoo! Finance.
Connect with Dennis on LinkedIn: https://www.linkedin.com/in/dennisokeefe-/
Visit Dennis’ website: https://www.successfulmoney.com/
Please see our disclosures statement here: https://www.successfulmoney.com/website-disclosure