Company changes hands killed my pension in 1994 (technically frozen at a very low benefit). Though it didn't seem so at the time, they probably did me a favor in that it forced me to plan on fending for myself while I still had time to do so.
No one agrees with other people's opinions; they merely agree with their own opinions -- expressed by somebody else. Sydney Tremayne
Retired Jun 2011 at age 57
Target AA: 60% equity funds / 35% bond funds / 5% cash
Target WR: Approx 2.5% Approx 20% SI (secure income, SS only)