Budget talk: Government Shutdown Averted

[truthwolf1]

if GWB would have actualy followed thru by puttin retirement funds back into the peoples hands this would be a non issue.. cept for the fogies that didnt save a dime and are dependant on SS .. yes granny im talkin about you too

I have a 401k, but I doubt by the time I hit retirement age that it will actually cover much let alone be something to live out my last days on.
Both my parents and others in the family also had huge 401ks but were first forced into early retirement and then with the economic crash lost 50% or more of the value of those. I am not sure that gambling your future in a volatile stock market is the answer either.

[sirloot]

Yes but i would rather make a small gamble in the 401k market and be able to retire at 59 1/2 rather than possibly retiring at 70 or whatever age it is when the time draws near (if i live to retirement)

imo you would make more with SS $ in a CD than letting the govt distribute as they see fit. eg: a person dies before retirement age and is a widow(er) or unmarried would get sweet feckall from years of hard work.