Except you have to account for Soc Sec in the 2010 result which would at least be significant for most. To me it’s reasonable to assume the 2010 poll is a SIRE majority while the 2018 is a FIRE majority. The decline of pensions began long before 2010, my MegaCorp killed them in 1994 and we weren’t among the first private sector by any means. However, someone’s observation of an 8 year bull market is probably a factor. So I should post another SIRE vs FIRE poll after the next big correction and results will reverse again (joke)...What I see is the pension and annuities dropped from 41.5% to 36%. All those other categories in the old poll seem to wrap up into FIRE in the new poll.
Sad, but probably true.Running Bum said:There's also the fact that these kind of polls are not very scientific, nor statistically accurate. IMO they should only be used for entertainment value, or at least with a lot of grains of salt.
why not?
the questions aren't the same between the 2 polls
and different people answered.
Sad, but probably true.Originally Posted by Running Bum
There's also the fact that these kind of polls are not very scientific, nor statistically accurate. IMO they should only be used for entertainment value, or at least with a lot of grains of salt.
What I see is the pension and annuities dropped from 41.5% to 36%. All those other categories in the old poll seem to wrap up into FIRE in the new poll.
There's also the fact that these kind of polls are not very scientific, nor statistically accurate. IMO they should only be used for entertainment value, or at least with a lot of grains of salt.
My point is that eight years ago there was an entirely different 'retirement' profile than now.
Sure, but 8 years ago you'd have had a lot more people who had enough years in to get vested, grandfathered in, or close enough to have significant income from a partial pension. 2018, not as many survivors from those days. It's like water being turned off at a faucet, but a lot left in a long hose line to drain out.The decline of pensions began long before 2010, my MegaCorp killed them in 1994 and we weren’t among the first private sector by any means.