"It looked coherent to me..." Chris DeBoe, a.k.a. Laserlight
on government, religion, books, games, and life in Virginia Beach
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Sunday, May 23, 2010
Social Security
We put in the application for Diana's Social Security benefits today. It's a good thing we're not relying on that income stream to pay the bills; it does make me wonder how people who only have SSA income manage at all.
I suspect many with 401Ks will be finding that out in the next few segments of retirees. Wall Street is not done its downturning.... one set of figures I saw suggests the market is still overvalued by 40% and the situation with BP, with Greece, Spain, Italy, Britain, etc. are all pressures that impact the North American recovery.
They manage very poorly.
ReplyDeleteI suspect many with 401Ks will be finding that out in the next few segments of retirees. Wall Street is not done its downturning.... one set of figures I saw suggests the market is still overvalued by 40% and the situation with BP, with Greece, Spain, Italy, Britain, etc. are all pressures that impact the North American recovery.