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Old 01-03-2011 | 06:42 PM
  #55868  
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DAL 88 Driver
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Joined: Mar 2009
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From: Retired (mandatory age 65)
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Originally Posted by satchip
Europe starts confiscating private pension funds | Washington Examiner

Time to stop funding the 401k and start funding the mattress!
That would be pretty dumb, IMO. This country is not Europe. I realize we have some politicians that want to turn us into that, but I don't think it will ever truly come to fruition. People in this country will not stand for it... as evidenced by the most recent elections.

To stop funding/growing the 401k and allow inflation to eat away at the principle would be incredibly foolish, IMO. But if you're a "sky is falling" kinda guy, then knock yourself out. Just my opinion, FWIW.