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Wall Street’s recent wild ride has severely changed the retirement plans of many 50 and 60 year olds. It has not been uncommon for a future retiree’s stock portfolio(s) or 401k to have been reduced by as much as 50% in the first ten months of 2008. October is on schedule to be the worst perfo...
I don’t think anyone could have anticipated the economic crisis we are having today. Financial decisions we never thought we would have to make are now are a fact of life. I have many friends that are retirees and are force to make do with extreme hardship because of the correction in markets...