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To: willcousa who wrote (52815)5/10/2001 12:16:35 PM
From: Charles Tutt  Read Replies (1) | Respond to of 77400
 
A lot of people (like me) in the recent/upcoming retiree pool don't have any pensions because of the downsizing and jobhopping of the past 30 years. Social Security, IRA's, etc. are a lot more important than they once were.

JMHO.

Charles Tutt (TM)



To: willcousa who wrote (52815)5/10/2001 12:32:46 PM
From: GVTucker  Read Replies (2) | Respond to of 77400
 
willcousa, RE: In my estate work I have found that most people with modest estates never need any of their investment capital if they live modestly

there are a good many people that invest kids' college funds in the equity markets, and wisely so.

There is no way in heck that the time horizon of those funds is 30 years much less never need this capital, unless you want you kids to have pretty significant work experience prior to entering undergrad.


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