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To: Math Junkie who wrote (7461)8/4/1999 2:41:00 PM
From: Investor2  Read Replies (1) | Respond to of 15132
 
Re: "One concern I have is what happens if the plan to pay off the national debt comes to fruition?"

Just my opinion, but the chance of paying off the debt is quite remote. In my lifetime, anyway.

Best wishes,

I2



To: Math Junkie who wrote (7461)8/4/1999 4:02:00 PM
From: Boca_PETE  Respond to of 15132
 
Richard P: RE:< What if paying off the national debt drives interest rates so low that retirees have trouble getting enough income to live on? >

While income streams of bonds would decrease, values of stocks and bonds would soar. Thus retirees could increasing take a "total return" approach to withdrawing necessary funds from their portfolios to live on.

P


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