"DSK" wrote in message
...

"Maxprop" wrote
The whole thing is bogus, Frank. It's an investment site, the point
being that one is going to need a far larger nest egg if he is planning
to see his 90s.


Why? This country has a whole wave of people planning to enter retirement
while their net worth is in the red. Why bother to start saving now? And
if you start with less than nothing, what difference will it make how long
you'll have to "make it" on your savings?

You neoconservatives obviously know nothing at all about finance.

Right. But if that's the case how does one explain that I can retire today,
draw greater than my current income and never touch the principle, even if
interest rates plunge?

Get a grip, Doug. Where in my statement (the one you quoted) did I intimate
that investing for one's future is a bad idea? Let me help you--I didn't.
I only implied that the life expectancies were seriously exaggerated to be
utilized as a sales tool in order to convince someone with a realistic life
expectancy of 78 that he's going to live to be 95 and therefore needs a much
larger nest egg. Obviously the larger the nest egg the better, but to
fallaciously inflate life expectancies in order to sell something is bogus.

Max