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To: KLP who wrote (101365)	2/21/2005 2:59:46 AM
From: Sully-	Respond to of 793756

"Have these people had any trouble with their retirement packages losing funds?" Only due to risk that the stocks or bonds in the underlying funds go down in value (the Government Securities Investment has no credit risk however). The Thrift Savings Plan tsp.gov

To: KLP who wrote (101365)	2/21/2005 4:01:04 AM
From: Lane3	Read Replies (2) \| Respond to of 793756

Have these people had any trouble with their retirement packages losing funds? I've not heard of any although there probably have been some. There was a secretary in my office who told me she had just switched her money to the bond fund. She thought it was like a money market fund only with higher returns. I warned her that bond funds weren't a good place to be when interest rates were rising. When I retired, I made a point of reminding her that she needed to remember to bail when rates started moving up. I imagine that there are a lot of participants who don't understand even such basics. They don't train you. Still, it's hard to get into too much trouble with those limited vehicles particularly over the long haul if you dollar cost average and don't move your money around carelessly. Seems to me to be a good model for SS.