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Subject:  Re: Younger Seniors Burning thru IRAs Date:  5/16/2013  1:08 PM
Author:  pauleckler Number:  423019 of 535251

I've been through this before trying to talk people into signing up for 401k contributions.

You find there is a lot of "It's my money and I need it NOW" out there.

It's a reminder of how well designed Social Security is for the needs of many. Contributions are required and you cannot easily get your hands on the money until retirement.

All the other provisions of IRAs and 401k's can be used wisely, but too often they allow people to spend their money and leave no provision for the future.
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