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Topic subjectSee, IMMEDAITLY blamed the victims
Topic URLhttp://board.okayplayer.com/okp.php?az=show_topic&forum=4&topic_id=13369212&mesg_id=13373802
13373802, See, IMMEDAITLY blamed the victims
Posted by handle, Tue Mar-17-20 11:47 AM
Now, for a small number of people who are 65 and are in the very very riskiest investments then yes - maybe they deserved to take the hit.

But the market is NOT science, can't be predicted, and frankly people are BUSY working and not adjusting their portfolios a lot - if ever.

They probably sat down with the retirement person that comes into the office occasionally and set it up and just forgot about it.



This shows that markets can not be counted on to provide retirement income - that the risk carried can strike unpredictably and no matter how vigilant you are there is no guarantee of income - and no protection from loss.

That's why defined pensions are >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>.