On Thu, 22 Jul 2010 10:14:04 -0700, "nom=de=plume"
wrote:


"bpuharic" wrote in message
.. .
On Thu, 22 Jul 2010 11:32:25 -0400, wrote:


you know **** about business. if what you say is true, then why is the
economy a disaster?

answer: because too many people believe as you do.


Not sure how old you are, but if you're in your late 40s, there's still time
to have a shot at a decent retirement income.

that's true. unfortunately i'm 55. it's going to be a long hot summer

You might want to consider
alternative instruments, such as a modified whole-life insurance policy.
They're not just about death benefits. There are some that will give you a
payout that is tax-free income between say 70 and 85, and still leave you
some cash balance without taking away from the death benefit over much. I'd
suggest talking to a reputable agent, e.g., New York Life or another of the
biggies.

i'd thought about that but the matching from my employer's 401K is
pretty good...i also have been talking with my funds manager about the
slowing of the economy to see where we go from here.