Home
Forums
New posts
What's new
New posts
Latest activity
Log in
Register
What's new
New posts
Menu
Log in
Register
Install the app
Install
Home
Forums
Living
Living general
Saving for pension? - amazing power of compound interest!
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="tarquin" data-source="post: 488070" data-attributes="member: 3541"><p>I really don't have any disagreements as to what you've said. I have my SHTF part squared away and I can't control the stupidity of politicians, so I'm going to focus on what I can do. Perhaps it's just a difference in risk appetite? In the end, I do believe that the US will (continue to) face a crisis due to monetary mismanagement, but it won't last forever, and I'm going to put some money into my IRA with the understanding that there is the chance of it all going wrong. </p><p></p><p>As far as what the government does to make up for shortfalls? IMO, it is more likely that they reduce the estate tax threshold to 10k and get the money from the baby-boomers (and their heirs) when they make an exit. Perhaps a planned default to the money owed to China.</p></blockquote><p></p>
[QUOTE="tarquin, post: 488070, member: 3541"] I really don't have any disagreements as to what you've said. I have my SHTF part squared away and I can't control the stupidity of politicians, so I'm going to focus on what I can do. Perhaps it's just a difference in risk appetite? In the end, I do believe that the US will (continue to) face a crisis due to monetary mismanagement, but it won't last forever, and I'm going to put some money into my IRA with the understanding that there is the chance of it all going wrong. As far as what the government does to make up for shortfalls? IMO, it is more likely that they reduce the estate tax threshold to 10k and get the money from the baby-boomers (and their heirs) when they make an exit. Perhaps a planned default to the money owed to China. [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Living
Living general
Saving for pension? - amazing power of compound interest!
Top