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TiredOfNo

(52 posts)

3. You must be selling it.

Reply to joeglow3 (Reply #2)

Wed Jul 9, 2014, 01:07 PM

Jul 2014

I know about Vangard. I also know about Valic. Over 30 years I put about $62,000 of my money plus another 20k of my employer's money into them. In 2008 at age 62 I decided that my state retirement, SS and 401k holdings would be enough to retire on. I had 147k in Valic in June, but by the end of 2008 I only had 55k left. That's when I decided to take it out.
Fortunately I decided to put it back, but I only earned back up to 99k before I took my money out for good. In case you're interested, that works out to be about 0.5% over thirty years.

Click here to purchase valentine hearts!

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Wall Street vs Social Security: [View all] TiredOfNo Jul 2014 OP

And the corporations have all made it possible by converting our pensions to 401K plans liberal N proud Jul 2014 #1

Let me introduce you to Vanguard joeglow3 Jul 2014 #2

You must be selling it. TiredOfNo Jul 2014 #3

Can you clarify? joeglow3 Jul 2014 #4

Yep, that is ABSOLUTELY what Wall Street wants - to fee the SS trust fund to death. closeupready Jul 2014 #5