The Motley Fool Discussion Boards

Previous Page

Retirement Discussions / FIRE Wannabees


Subject:  Re: Poll: Your parents...Foolish or not? Date:  8/28/2003  11:43 AM
Author:  chooey98 Number:  585 of 5232

are MMA's and CD's automatically not a Foolish way to save?

I would say probably not anymore. You mentioned your grandparents had a decent pension, which was supplemented by interest from CDs. Well, decent pensions are almost a thing of the past. Inflation would eat up the interest from CDs. So, I think you need to look at other investments that offer a greater rate of return, to keep up with inflation and to give you a nest egg to take the place of a company pension.
Copyright 1996-2018 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us