Market Mess Causes Trillions in Retirement Losses
October 9, 2008
 The current crisis on Wall Street is hitting working people where it hurts – their pensions. Defined benefit programs and 401(k) plans are taking it hit, as the article below shows. If Social Security was privatized four years ago when President George Bush proposed it, with John McCain’s support, many would be in truly desperate conditions. Think it doesn’t matter who you vote for next month?
Click here to read some sobering news in the Washington Post about retirement savings.
Photo used under a Creative Commons license from Flickr user -Mandie-.
|
|
