Pension Plan

What's it gonna be, Pip? Like, what's your plan...for retirement?

You're gonna sock away money for decades, tax-deferred (not tax-exampt). You'll pay ordinary income tax on that dough when you take it out of your 401(k) (or whatever pension plan vehicle you use to sock away).

A pension is a nest egg. Money you put away so that in your old age, you can...enjoy life. The more, the merrier.