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Savings Fall Short For Most Retirees

Sunday, May 20, 2012 - 5:03 AM
From the Wall Street Journal
Many retirement investors, egged on by brokers and mutual-fund companies, put a great deal of emphasis on crafting finely tuned portfolios out of stocks, bonds and—increasingly, these days—other exotic investments.
[...]
But all that focus on asset allocation is misplaced, a new study argues.

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9
Ken TuminKen Tumin5,442 posts since
Nov 29, 2009
Rep Points: 123,754
1. Sunday, May 20, 2012 - 4:12 PM
The WSJ article is interesting but if one wants to see how low interest rates are affecting the regular saver, you might want to read some of the sad notes put on by signers of the Petition.  These are real people who spent their lives saving for what they thought would be a beneficial retirement and now they can't get enough interest income to have the kind of retirement they had planned.  This is a very sad day in our economical history, imo.
8
paoli2paoli21,149 posts since
Aug 10, 2011
Rep Points: 5,128
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