Re: Pension or 401k

>
> If you were going to retire in eight years, and you had an extra 4800
> a year to put toward your retirement, would you:
> 1)  Put it toward your government pension?  Leaving that amount in
> when you retire gets you an extra $400 per month for the rest of your
> life.
> 2)  Put it in your 401k?  That amount would give you $60,000 in eight
> years, IF you get 10% interest during that time (which may well be
> debatable at this point).
>
> Which do you think is the better deal?

Need more information:

1) what are projected retirement expenses?
2) what is pension amount without the $400/extra per month?
3) what is the retirement age in 8 years?
4) are their any other retirement assets?

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