Tuesday, December 2, 2008

Money & Business

Planning to Retire by Emily Brandon

A Generation Gap in Retirement Planning

July 16, 2008 12:41 PM ET | Emily Brandon | Permanent Link | Print

Reader Comments

Political decisions matter the most here

Younger Americans had better get their heads on straight and realize some things. The American Stock Market experience of the last 25 years is unlikely to repeat for a long time. (Because, if nothing else, the baby boomers are going to be SELLING their shares into the market for the next 30 years.)

There is nothing (nothing) more important that average young people can do than elect Washington permanently full of liberals. Without national health care, most of the younger folks are going to find that one single element KILLING their finances and their dreams. YOU (THEY) MUST NOT LET CORPORATIONS RUN THE COUNTRY TO THE EXCLUSION OF CITIZENS.

This is not to say people shouldn't save, save, save and invest as best they can. But thinking that everybody is "smart" enough to get a mythical above-average return is as nutty as Garrison Keillor telling tales of Lake Wobegon (where all the children were also supposedly "above average".)

Divided We Fail

It's time we ensure health and long-term financial security for all. That's why AARP is leading Divided We Fail, an initiative to give voice to millions of Americans who are tired of letting Washington gridlock stand in the way of affordable, quality health care and long-term financial security – the most pressing domestic issues facing our nation. Common sense solutions are needed, and everyone – individuals, businesses and government – has a role and a responsibility in ensuring health and financial security for all. Go to www.dividedwefail.org to learn more.

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Reporter Emily Brandon tells you how to get ready financially for retirement and to make your golden years the best they can be. You can E-mail Emily your retirement concerns at retire@usnews.com.

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