re: #102 Backwoods_Sleuth

Most people I know do not have retirement accounts.
and most of them have no actual savings on hand.

re: #103 Belafon

Based on numbers, most people don’t have anything put aside for retirements, so no, no stocks: finance.yahoo.com.

Let me reword it: for those who have access to (generally through their employer) and who do save to a retirement account, what I described in my previous post is generally how 401(k)s work.

I have to say, looking at that story Belafon posted, that’s depressing, but 2000 people also seems to be a pretty small sample size.