1. Unfortunately, given all the changes in that industry, I cannot say with certainty that the Defined Benefit pension scheme will be around by the time you retire. Having seen similar changes in many industries (friends of mine got particularly hurt in the "employer for life" that was IBM).I just turned 42 in december and I work for a railroad company which will allow me to have tier 1 and tier 2 railroad retirement benefits at age 60. My estimated retirement benefit is around 5400 a month or 64,800 a year. My current annual income varies between 90-110k. currently my 401k and roth Ira is both invested in a 2055 vanguard tdf which is dated 12 years past my retirement date. My question is is that a sound strategy to do that considering my railroad retirement or should I ignore that and have a more age appropriate tdf witch would be a 2045 or 2050? and should I even use a tdf in my roth ira at all?
2. In principle a Defined Benefit pension allows you to take greater risk with the rest of your portfolio.
I think your current strategy is a reasonable one. If there are changes in your pension position, you can revisit & potentially move towards a more conservative strategy.
Statistics: Posted by Valuethinker — Sat Feb 14, 2026 3:51 pm — Replies 4 — Views 481