TIME Magazine Time to Retire the 401(k)
Time Magazine’s managing editor Richard Stengel delivers some hard hitting facts in this MSNBC interview, where Richard discusses the Time Magazine article “Why It’s Time to retire the 401(k)’. Richard brings up the fact that 70 million  Americans lost enormous  amounts of money in there 401(k) accounts and how flaws in the 401(k) system hurt people closer to retirement or curently in retirement the most. He goes to talk about the people they interviewed  for this article and how many retired Americans were forced to go back to work and how those who were nearing retirement would have to cancel there plans for retirement. Please feel free to Contact Us if you have any comments or questions on this or any other topic featured on this site.

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This entry was posted on March 25, 2010 at 2:30 am. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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