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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?

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