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The Great Retirement Con

Summary:
The Great Retirement Con 40 years ago, a grand experiment was embarked upon. One that promised US workers: Using new ‘defined contribution’ retirement savings vehicles such as IRAs and 401k,, they’d be better off when they reached retirement age. Which raises a simple but very important question: How have things worked out? The answer? Not well at all for the vast majority of Americans, for whom “retirement” will remain a perpetual myth. Click here to read the full article ‹ Today No Metals Die: Gold & Silver Prices Rise To Finish The Week Strong

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The Great Retirement Con

The Great Retirement Con

40 years ago, a grand experiment was embarked upon. One that promised US workers: Using new ‘defined contribution’ retirement savings vehicles such as IRAs and 401k,, they’d be better off when they reached retirement age.

Which raises a simple but very important question: How have things worked out?

The answer? Not well at all for the vast majority of Americans, for whom “retirement” will remain a perpetual myth.
Max Keiser
Timothy Maxwell "Max" Keiser (born January 23, 1960) is an American broadcaster and film maker. He hosts Keiser Report, a financial program broadcast on Russian state media channel RT. Until November 2012, Keiser anchored On the Edge, a program of news and analysis hosted by Iran's Press TV.

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