Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

General Discussion

(53,521 posts)

4. 401Ks are the biggest scam in history.

Fri Jun 1, 2012, 12:56 PM

Jun 2012

And when many of us get old all of that hard-saved money will end up in the hands of nursing homes. "Saving for retirement" is BS.

Edit history

Please sign in to view edit histories.

0 members have recommended this reply (displayed in chronological order):

6 replies

= new reply since forum marked as read

Highlight:

401(k) Fees May Cut 30 Pct From Retirement Balance [View all] marmar Jun 2012 OP

Watch the fees carefully FreeJoe Jun 2012 #1

One of the biggest reasons to dump us into this scam. K&R n/t Egalitarian Thug Jun 2012 #2

K&R nt abelenkpe Jun 2012 #3

401Ks are the biggest scam in history. Odin2005 Jun 2012 #4

401 K's are just a Wall Street Cash Cow B Calm Jun 2012 #5

my company quit matching contributions years ago librechik Jun 2012 #6