
How do pensions work?
Does your employer offer a pension plan? Learn how they work and what to look for.
Bob Haegele is a freelance writer who began his career in 2018. His expertise spans multiple financial topics, including investing, credit cards and banking. After earning a Bachelor of Science in information technology, he transitioned to writing after working for several years in health care IT. Before fully entrenched in writing, he briefly lived a nomadic lifestyle, visiting several countries. He’s now based back in his hometown of Chicago.
Besides Bankrate, his work has been featured in outlets such as Yahoo Finance, USA Today, Business Insider and U.S. News & World Report.
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While the method isn’t perfect, it serves as a guideline to help retirees know where they stand.