Wednesday, October 6, 2010

No one ever gets to retire, HBB needs you to work until you are dead

http://lifeinc.todayshow.com/_news/2010/10/06/5234211-four-in-10-plan-to-delay-retirement

6 comments:

  1. At this rate, only one in ten will have something left to retire on.....which suggests the four-in-ten stat is actually a form of irrational exuberance within the context of the New Normal.

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  2. I am Bullish on cynicism!
    good to see you here Tom.

    market predictions?

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  3. I expect to retire when I become too addled to do anything but drool in a cup and watch nurses' butts.

    But that's just me....

    One more high and then a good pullback, if not more.

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  4. Actually, come to think of it, I'm not that far from retirement! lol

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  5. No predictions.....but what should have happened: bear market runs its course, zombie banks are unwound, fiscal prudence returns to D.C. and.....wait for it......a kick-ass jobs program gets launched resulting in some nice infrastructure improvements to our Nation as a collateral benefit. But noooooooo......cant do that. Bonuses on The Street would have sucked then..... So instead, I have to listen to every hedgie & their brother opine how we are the next Wiemar, Zimbabwe, etc. ; silver is headin To The Moon, Alice!; and China is the FUTURE......its fucking irritating....cause they will all be bidding up commodities during a deflationary spiral.

    Prediction? We get screwed....

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  6. Relex if you remove food and energy there is no inflation!

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Insightful and Useful Comment!