A Generation Gap in Retirement Planning

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".)

Daniel David of NM @ Jul 16, 2008 13:47:59 PM