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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 78.020.0%Dec 24 4:00 PM EST

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To: Lizzie Tudor who wrote (60082)6/28/2002 5:29:09 PM
From: Jerome  Read Replies (3) of 77400
 
OTOT >>>SSS.>> If Dave is under 30, and puts over 12,000/year in a bank account

What happens if Dave has a bad year only two years into his self saving program.... He has $12,000 from age 30 till he dies.... Hey Liz these things do happen. The children of people that died on 9/11 are getting SSI ...what would Dave's kids get from his bank.....A note saying "We are so Sorry to hear of your problems, but the welfare office is two blocks away....good luck"

You are making the very erroneous assumption that nothing bad is going to happen to him between now and age 65...there will be no debilitating medical problems, no injuries, no loss of job, ...nothing but clear skies....
JMO....Jerome
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