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To: yard_man who wrote (52765)5/10/2001 8:18:55 AM
From: kvkkc1  Read Replies (1) | Respond to of 77400
 
You offer the reason boomers won't move to conservative investments. Inflation will eat them up as they live longer, and there aren't enough payers into the current SS system to keep offering the meager benefits the politicians want to protect so badly. If folks want to retire comfortably, they need to maintain some growth. Contrary to popular opinion, there really aren't that many super wealthy who can live high off of income derived from pension + interest + SS. That's why we have 40 million seniors bitching about why they don't get free/reduced drug prescriptions. Apologies to any offended seniors, but why the heck should I be subsidizing your medical bills? The folks who will live well in their golden years will be the prudent investors.jmho.knc