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re: MyRA - Government Backed Retirement Savings Program
Posted on 1/29/14 at 9:03 am to OnTheBrink
Posted on 1/29/14 at 9:03 am to OnTheBrink
I agree, to people already with retirement accounts it sounds dumb, but the reality is a large amount of people haven't the slightest clue about saving money. They couldn't tell you what an IRA or 401k is, and probably think the stock market is the devil and a bond is some kind of glue you buy at Lowe's.
These are the people it's meant for, and although I would never give my money to the gov for saving, it's better than them living paycheck to paycheck with zero savings.
These are the people it's meant for, and although I would never give my money to the gov for saving, it's better than them living paycheck to paycheck with zero savings.
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