Thread: Retirement
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Old 11-09-2006, 09:39 PM
  #50  
Uncle Bose
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Joined APC: Jan 2006
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Originally Posted by LAfrequentflyer View Post
I saw the program again...I have to say - didn't these people set themselves up by not having a plan - b? I mean, to count on a 401K and not know how its being invested and not caring about your returns. Is it just me or is that being passive about your life?


I don't remember being told someone else will put food on your table when you are older...Maybe I'm different - I don't think so...

-LAFF
Chalk it up to the culture of a welfare state. In 25 years, you and your wife alone will be responsible for the Social Security and Medicare payments for one other individual, given present trends.
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