Posted by Spook on November 20, 2008 at 18:05:01 from (75.45.77.21):
In Reply to: Bye-Bye Retirement! posted by dave2 on November 20, 2008 at 17:45:59:
I think the system is broken. 401K plans were never intended to replace pensions, companies just promoted that to avoid paying more money out to employees. The last financial planner I talked to was putting his money into real estate, even when he was trying to get me to invest in REIT's. Stupid. The wall street guys make money anyway. The AIG thing really gets me - selling insurance without the assets to back it up should be a felony, not a reason for a government bailout.
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Today's Featured Article - On the Road with Dave Gohl: Deere Departed Friend - by Dave Gohl. Have you ever had to part with a dear friend? It's not easy. If it's due to death, your feelings could be in disarray for days, months or even years. Even now after almost 4 years, I still miss my dad. I remember when I was a kid my dad sometimes would tuck my brother and I in at night and we would ask him questions about his childhood on the farm. To this day, it's some of the best stories I've ever heard. And now, I'm so glad that I asked those questions, and if I were a little smarter i
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