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To: Innovative
“Of course saving pre-tax such as in a 401K or IRA is the best way.”

Until it isn't.

Uncle Sam is salivating over the 19 billions in American retirement accounts, as it becomes increasingly difficult to finance the deficits with foreign money. People who follow these things say it is inevitable.

79 posted on 09/29/2013 8:15:25 PM PDT by MichaelCorleone (Jesus Christ is not a religion. He's the Truth.)
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To: MichaelCorleone

Sorry, I meant 19 trillion


82 posted on 09/29/2013 8:21:39 PM PDT by MichaelCorleone (Jesus Christ is not a religion. He's the Truth.)
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To: MichaelCorleone

I’m hoping I can cash out of my 401k without penalty before the Dems get their hands on it.

I don’t have a lot of money in there, but my plan is to cash it in when I’m eligible, move out the country where the cost of living is far less and to live on that money until age 62.
At that point, I will file for SS benefits and live like a Prince overseas instead of living like a bum in the US


83 posted on 09/29/2013 8:22:47 PM PDT by Rodney Dangerfield (Ask the MSM about Christopher Newsom and Channon Christian. Observe the subsequent blank stares.)
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