Don Parks Mar 7, 2009 10:51 AM GMT
I am 70, retired getting SS and using up my 401K. My 401K is now mostly a 101K having lost about 50% of its value in 2008. By the end of this year it will be gone. My wife and I must (MUST!!!) cut back. If we don't need it don't buy it. Note: my oldest son had been out of work for about 6 months now. He is not married and with his current $$$ situation may never be. Are we heading for a life style where only those on welfare can have families?
Cite: http://www.businessweek.com/magazine/content/09_11/b4123045711577.htm
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