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Subject:  Re: Is your 401(k) Inadequate For Retirement Date:  7/30/2008  9:18 PM
Author:  CycleGirl Number:  13759 of 20640

fleg9bo writes:

While this may be true, why should companies be responsible for employees' retirement savings?

Precisely. Social security and personal savings is the new two-legged stool. Companies with defined benefit pensions, like GM, are doomed to eventual bankruptcy.
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