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Fifteen, 20 year periods. they are arguing something. they are better off taking the 401 k plan. you said if you were advising them. are the union guys bringing people in like you to say hey, here are the pros and cons but this is the way it is a new day and this is how it could benefit you in the long run? >> are they doing that? >> i don't know if they are. they should. i would fly out there tonight and explap in it to them. if they have the hop opportunity to take the 401 k plan. if you know the industry they should embrace this.

Traditional pensions. is this a foreshadowing of more profitable companies winning the arm wrestling with yup ones. they are doing well right now. they are making a lot of money and amounsed a buyback. but this is interesting because you are going to see this play out all the time. unions are slowly but surely losing their power. they are going to try to find ways that they can cut costs. i wish i was advising this union. you are better off taking a 401 k plan versus a 401 k plan. they do better than pension plans do over five, ten,

Elsewhere where it is not accepted. >> if the membership doesn't like it, they will reject it. it shouldn't be up to one person to decide, i am not going to put this to a vote. >> reporter: the local union held a rally and urging a no vote. what boeing is doing they say is extortion of the the current contract goes two more years. but in order to guarantee their jobs they want to switch pensions and a 401 k plan. securing production would mean tens of thousands of good paying jobs for years to come. politicians are urging a yes vote. >> it's all of the pressure our members are feeling from peo...

Certainly something we think about. we watch it regularly. we are looking at this. but, when you, you know, if you think where i obsess about finding, retaining the best people and doing it in a way that works for pno. there is a lot of other pieces to the equation. >> do the 1,000 employees ever say what kind of benefits do you have? the job market is so weak, you know, people want jobs so badly that they will take any job and they will take whatever health insurance you have. >> well, being under 1,000, we have to be very careful. but, one of the things that, yes, we do point out our healthc...

20 years out, i buy good growth funds and realize that i pay cash for. that's what i recommend and a lot of very wealthy people, that's what they do. is. >> a question for rachel from melissa. should we keep our money in our 401k or take it out to keep the government from taking it. >> 401 k and roth iras are great. so yes, it's still a great place. >> so you advice for people to still do, if they can, a 401k investment even if it comes out of their paycheck. >> yes, investing is five years or longer. you're in it for the long term. >> i graduated college in may and i'm working full-time makin...