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re: 401(k)s are too risky for retirement
Posted on 5/8/12 at 7:50 pm to kfizzle85
Posted on 5/8/12 at 7:50 pm to kfizzle85
I would have thought even CNN would be above publishing something this bad.
I'd probably laugh it off, but this type of misinformation actually sways people. I had a guy the other day tell me he got out of mutual funds and into individual stocks because mutual funds were too risky (!!!).
I'd probably laugh it off, but this type of misinformation actually sways people. I had a guy the other day tell me he got out of mutual funds and into individual stocks because mutual funds were too risky (!!!).
1
Posted on 5/8/12 at 10:33 pm to CoolHand
quote:
This means both that she needed to save more, and invest much more conservatively, than if she had a traditional pension.
Actually, it sounds like she needed to invest much more aggressively.
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