"Retirees Filling the Front Line in Market Fears By JOHN LELAND and LOUIS UCHITELLEPublished: September 22, 2008 Older Americans with investments are among the hardest hit by the turmoil in the financial markets and have the least opportunity to recover.http://www.nytimes.com/2008/09/23/business/23retirees.html?r......Number 1 on the Times' list of Nusiness section most emailed (#4 overall). "^^^^^^^^^^^^^^^^^^^^^^^^^^I was kind of surprised by this comment from the article:"And people don’t have the luxury of being in bonds because they don’t yield enough for how long we live.””People don’t buy bonds?Maybe not exclusively bonds - but folks certainlly are encouraged toinclude bonds as part of their porfolios.Howie52
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