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today's questions from Tammy in New Jersey do you consider pension payments and deferred compensation taken out of my check as part of your 15% towards retirement in baby step four if so then I should just just take the extra money and put it in mutual funds what deferred comp is a choice deferred comp is a 457 and that's just something like a 401 K I would do a 401 K or a 403b in good mutual funds before I would do deferred comp if you have pension payments that are required and are mandatory and are removed from your check whether you want them to or not in other words then I would not count them a hundred percent towards the 15 percent because you're not in control of that money if you have a 401 K with a hundred thousand dollars in it and your company goes broke you don't lose a dime because the 401 K with hundred thousand dollars in is in your name if you have a hundred thousand dollars in your pension and the company goes broke you lose all your money the pension is an asset of...