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Started By
Message
re: Can anybody explain the State's retirement...
Posted on 1/29/13 at 1:47 pm to Hu_Flung_Pu
Posted on 1/29/13 at 1:47 pm to Hu_Flung_Pu
quote:
I plan on additionally getting a Roth IRA.
Good idea
You can't trust the state
1
Posted on 1/29/13 at 1:55 pm to Powerman
quote:
Powerman
quote:
Good idea
You can't trust the state
We've averaged 10% returns through the recession on an annual basis. If any of the last 5 governor's of our state would pay the state's share of our retirement contribution, we'd actually be completely solvent.
The problem is not that more are taking out than are putting in. The problem is not that we're losing money in the markets. The problem is our leadership kicking the can down the road while kicking us while we're down.
Zero raises in the past five years, no cost of living adjustments in decades. Retirement and healthcare under attack at every session...even though his plans are literally ruled Unconstitutional by a conservative panel of La judges...
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