Saving social security

[GreaTOne_65]

Thanks, Sam. That is exactly the message I was trying to get across. The 401k looks like nothing more than a way to scam, trusting people out of their savings.

[Samnospam]

a 401k is not a scam unless you allow it to be.

[GreaTOne_65]

You are correct, Sam, and that is excatly the problem, most young people have too many things going on in their lives to be really mindful of their 401k's.

[kraft-t]

a $30K or $40 K devaluation in your IRA account to make you skeptical of individual retirement accounts.