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re: MyRA - Government Backed Retirement Savings Program

Posted on 1/29/14 at 7:24 am to
Posted by OnTheBrink
TN
Member since Mar 2012
5418 posts
Posted on 1/29/14 at 7:24 am to
quote:

The problem I see is the rate of return will be so low that I'm not sure if it will make a difference.


I know right. I am sure my definition of a "good rate of return" is different than his.

And a lot of people don't trust the government as is, what would make them want to invest their future with them?
Posted by LSUtigerME
Walker, LA
Member since Oct 2012
3809 posts
Posted on 1/29/14 at 8:03 am to
quote:

And a lot of people don't trust the government as is, what would make them want to invest their future with them?


I think there's also quite a few who are entirely the opposite. If it's backed and guaranteed by the US government, many people will find that very attractive.

Right/Wrong, some people see it that way.
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