what is better a pension or a 401 k 
whether a pension or 401 k is better will depend on the individual and their financial circumstances as well as their preferences both have their pros and cons generally a pension is more stable because it provides a fixed amount of income every month from retirement till the death of the individual 401 k s are less stable because the assets are invested in the market so the value will always fluctuate a 401 k however has growth potential if you invest aggressively and well in a 401 k the amount in your account can grow substantially providing you with more money in retirement than a pension could 