Monday, May 24, 2010

Retirement Ripoff

This is the headlines in a TIME Magazine story from the October 31, 2005 issue:

The Great Retirement Ripoff

Millions of Americans think they will retire with benefits are in for a NASTY SURPRISE.

How corporations are picking people's pockets with the help of Congress.

The generations have developed the mentality of just kicking the funding of retirement issues over to the next generation. Trouble is that this just makes the problems even worse. Eventually one generation will get stuck with the tab.

People have go to develop their own retirement personal fund that they alone control.

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