Quote:
Originally posted by Greedy,Greedy,Greedy
OK, what if the stocks you invest in dramatically underperform, resulting in nothing in your private account - is the answer that you should be left to starve?
Now assume a great depression style crisis happens about once a century. Stocks collapse. Is everyone who retires in the next 10-15 years just SOL?
I'm glad Dad has a military pension.
|
Even under the Bush plan, as I understand it, the permitted investments narrow as you get closer to retirement, so that you are only permitted to invest in "safe" investments.
You're dad's pension, in all likely hood, is invested in the market.
