mickeyd
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Many of my fellow boomers seem to be, once again, making some very poor investment decisions that will make them look to Uncle Sam even more in the yeas to come. No doubt, my future federal income tax will be paying for their retirement as well as mine.
Boomers Face Longer Years of Work, More Meager LifestyleThus, as the recent AARP survey showed, 35% of those between the ages of 45 and 54 have stopped 401(k), IRA and other retirement account contributions. Twenty-five percent have withdrawn money from a retirement account, 56% have postponed a major purchase and 24% are planning to retire at a later age.