Retirement's Ticking Clock

Schlosser, David J.
October 2003
Journal of Financial Planning;Oct2003, Vol. 16 Issue 10, p16
Academic Journal
This article is a letter to the editor in response to the article The Retirement Clock is Ticking: Are Financial Planners Failing Americans?, which appeared in the August 2003 issue of Opiela. Since there are only so many WalMart greeter positions available, the boomers will cry out to the federal government for help. The net result will be increased payroll taxes on future generations, substantial reductions in Social Security and the mother of all class action suits against those with 401(k) fiduciary responsibilities.


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