Four Pensions

I talked to a retiree today who is having no problem in "this economy." He and his wife between them have four pensions--two social security and two defined benefit programs. Of course, those benefits are invested in the stock market, so he'd better pay attention. Or maybe not--he'll sleep better. He says they live on one pension and save the other three. Their home has been paid for for years. He drives a Prius and loves it. Their other car is a 1996 something with under 70,000 miles.