"Stan Gosnell" wrote in message
...
I hope I can still be flying then. I don't even hope to be able to
retire before then. Social Security won't be enough, and my 401(k),
which is only a few years old, keeps going down in value, not up.
Sounds like someone is speculating.
People who want to put their money into a private account rather than
Social Security need to really think about the possibility.
Your retirement account is supposed to make its gains over several years,
not a "few" years. How diversified is your account and in what ratios?
Several
counties around here did just that with their employees, and those
retirees are in a real bind, with little or no retirement income.
They're just screwed.
"They that can give up essential liberty to obtain a little temporary
safety deserve neither liberty nor safety." B. Franklin
When people post that quote I wonder if they read the rest of Franklin's
statement (which said "security", not "safety"). The other line is "The way
to be safe is to never be secure" (meaning "don't get complacent").
--
Matt
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Matthew W. Barrow
Site-Fill Homes, LLC.
Montrose, CO
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