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Author: zsimpson Big funky green star, 20000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 1498  
Subject: Re: Retirement in danger Date: 10/26/2008 11:51 PM
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Sorry, but I think this guy was going to be ill-prepared for retirement even if his company hadn't gone bankrupt. While his company going bankrupt was a bad blow to him, there appear to be lots of opportunities where he could have done better planning. This story seems to completely ignore those issues and tries to place the blame on the disappearance of pensions and the new reliance on 401(k)s and IRAs.

It's nice to know I'm not the only person that thinks he was simply unprepared. I'm stunned to see so many people trying to find justifications for how little he saved.
Kathleen
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