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Retirement Pessimism Abounds
Old 12-15-2010, 09:21 PM   #1
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Retirement Pessimism Abounds

A new Hartford Financial Services Group survey finds a striking sense of pessimism about the quality of respondents' retirement, with a hunger for enjoying life being replaced with a concern about affording the basics. - Retirement Pessimism Abounds in New Poll

And if I claim to be a wise man, it surely means that I don't know.
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Old 12-15-2010, 09:28 PM   #2
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Anybody who uses Hartford should be very pessismist since their fees are about 2% of assets each and every year. No one could retire paying their fees.

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Old 12-15-2010, 09:33 PM   #3
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I thought the last line of that quote was going to read:

"...with a hunger for enjoying life being replaced with a concern about going hungry."
Numbers is hard

Charter resident of the lumpen slums of cyberspace

Retired in 2005 at age 58, no pension
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Old 12-16-2010, 10:26 AM   #4
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Maybe people are getting more sane. 100% should have food shelter and basic needs as their primary concern. Everything else should always be secondary.

Hartford news release said 69.3% of those polled reported their primary retirement concern is paying for food, shelter and other basic needs – significantly greater than the 24.5% who gave that answer in a 2007 survey.
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