Quote:They better not be counting on social security as a supplement. They will be sorely disappointed.


But hey, my stepdad paid into his retirement the whole 30 years he was with UPS. He even made other investments and has a solid savings account. He got screwed on a good chunk of his investments thanks to Madoff and is now being screwed again by Teamsters as they cut his, and every retiree's pension by 50% starting July 1st. At 70 years old he has had to go back to work driving a semi truck because my mom's health issues require a really good insurance plan that is not cheap. He did everything right but still got screwed. After all of this I don't trust anything to do with investments and 401k and pension but what else can you do?