I do not understand the writers saying you need 100% of your per-retirement income. First, income and spending have little in common. If you spend as much or more than your take home income, this is true, but then how do you save enough to fund 100% of your income?  Duh! I am retired, and my take home pay is about ...more

My mother never trew a pen away. I am not talking about expensive ones, but instead the 10 cent Bic type pens. Actually most of them were the ones givin away free at banks and stores, etc. It was a real task to write something as you needed to go through 20 or so pens before finding one that would write.

I agree with the writer that large refunds are bad. i tried it one year to have the minimum taken out...with no penalty. I got so upset seeing what I had paid in, plus what I still needed to pay, my blood was boiling for weeks afterward.  I now try to set my with holdings so that I get a small refund. I think this ...more

I believe that ETF's are a scam. What is not stated in this article is that ETF's are easy to strip money out of, by hedge funds, etc.  With large computers they can compare the value of the stocks the ETF represents and the value of the ETF. When they get out of sync, they buy or short the ETF skimming some of the m...more

I believe that ETF were created as another tool to rip off the small investor. As they are traded like stock, they can be bought an sold all day long. The hedge funds, plus others, have the high speed computers that can track when the ETF is out of sync with the stock, or commodities, that it is made up of. With this i...more

If Social Security was privatized a few years ago, many would have found out their funds were invested in the very bonds that took the banks and AIG down. Wall street wants privatized SS so they can scam it. Many/most new financial products are created so they can be scammed. Deregulation of energy (think Enron), CDO's...more

Until the SEC is run by honest people with some real integrity, and enforces the security laws, the stock market will not perform for the average person.  They allow the Madoff's, and hedge funds who trade after hours with complicate mutual funds, and naked short selling, investment banks front running mutual funds (a ...more

Dear USA-Retied You seem to blame the people who took out those loans, for our problems. In a sense that is true. But, if they should have known they could not repay the loans, that makes the bankers, and Wall Street extremely dumb for making them the loans. I assure you that there is no shortage of people willing to ...more