401(k)s are too risky for retirement

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Sharon Edwards of Salem, Oregon, may have to move to Mexico, where the cost of living is cheaper, so she can afford her retirement.

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News Feed said:
Sharon Edwards of Salem, Oregon, may have to move to Mexico, where the cost of living is cheaper, so she can afford her retirement.
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Sure, people finally catch on. Those plans were a scam from day one - just Wall St looking for more suckers to come to the casino. It always pissed me off that governments would subsidise gambling and call it a retirement plan.
 
so, I guess my never having a 401 was never a big deal
 
It was a sweet deal when it first came out, lot of companies matched dollar for dollar. Now, 401K/IRA/TSP is a massive disaster waiting for the domino effect from the EU's collapse that will destroy the US Dollar, what's left of it: http://usdebtclock.org/
 
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