Reply #22: No: it most certainly isn't.

[mcscajun]

Once upon a time, boys and girls...the metaphor for your retirement planning ran thus: think of a three-legged stool.

One leg is Social Security, the second is your pension, the third is your own savings and investments.

So BushCo is busy trying (and thankfully not YET succeeding) to saw off the first leg, corporations are busy gnawing on the second, and we either can't or won't save and invest (even so, those who did took a big bath five years ago and haven't really recovered those losses since). We do however pile up a good deal of consumer debt.

For myself, My savings rate is about to approach negative numbers. While I was fully employed and during the last two years I was on severance, I was saving every dime I could. Now, I'm only partially employed and beginning to draw down my savings.

Fun, fun, fun in Bushworld.