No. of Recommendations: 3
Greetings, Taotieh, and welcome. You wrote:

Saving for retirement is nice, but it isn't a substitute for life. Each of us has to develop our own value system, based on how much adventure we can stand. And we have to admit the answers for each of us can be different, but equally correct.

For a very, very small portion of the over two-thirds who took their distribution and ran, your comments may be correct. Unfortunately, for the vast majority, IMHO the action is ill-advised and short-sighted. They will reach retirement with insufficient funds on which to continue life in the style they desire. A significant few of those folks will bemoan that fact, and expect the nation to somehow compensate them for their failure to provide for their future. I trust you are willing to give up part of your retirement stash to ensure they can live more comfortably, right?

Regards..Pixy
Print the post  

Announcements

The Retirement Investing Board
This is the board for all discussions related to Investing for and during retirement. To keep the board relevant and Foolish to everyone, please avoid making any posts pertaining to political partisanship. Fool on and Retire on!
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.