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The thing that sucks about EDV is there is no movement off the top, it all comes out of the middle. |
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Your philosophy will not. |
Imagine for a moment it's 2008, and you are about to retire. Except... your 401K that you are talking about is cut in half, or more. That "retirement income" you saved up for all those years, wiped out by an economic downturn.
What now? Just keep working? Quote:
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Comparing the two statements at the same time, his and yours, I would agree with him.
9E far from sucks. It was never intended to be, and it will never be, close to the legacies for pay. Heck, it doesn't even hold a candle to B6 for pay, other than first year. Quote:
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Or you can buy gold. I bought some florida properties so i can do the slum lord thing long into my retirement and the market be damned. |
Yes. It will rebound. But if you were 65 in 2008, and your account is now back to where it was in 2006, you had to work an additional 11 years while waiting to sit back and relax. Oh, but I mean real work, not being a pilot sitting on your throne.
All hail the mighty 401k. (Sarcasm) Quote:
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