The Way Forward
In taking a hard look at the systems of investment and retirement that we’ve established, we’re not going to like what we see.
…we’re in a strange moment in American history when a mouse-eating barefoot survivalist in the mountains of Arizona makes more sense than the chief investment strategist of Merrill Lynch.
I remember a couple of years ago being shocked to find out that my dad will have a pension when he retires. At the rate I’m going, I’ll be lucky to get anything, from my workplace, the government, or most especially the markets.
Looking at my 201k, I think that the line should be revised to say:
“…my dad WAS GOING TO have a pension when he retires.”
sigh.