Actually lots of companies had NO retirement plan, it was only the government employees and the big unions that pensions. Now nearly all the big union companies are broke and the government employees are marching in the streets over the fact taxpayers are not willing to pay for their 40+ years of planned retirement.
As my long dead father said the 401K is the government's way of telling you not to plan on Social Security being there, looks like he was right.
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Today's Featured Article - Restoration Story: Fordson Major - by Anthony West. George bought his Fordson Major from a an implement sale about 18 years ago for £200.00 (UK). There is no known history regarding its origins or what service it had done, but the following work was undertaken alone to bring it up to show standard. From the engine number, it was found that this Major was produced late 1946. It was almost complete but had various parts that would definitely need replacing.
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1964 I-H 140 tractor with cultivators and sidedresser. Starts and runs good. Asking 2650. CALL RON AT 502-319-1952
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