10 Biggest Retirement Mistakes

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thats 40 million over the age of 50 and above sorry see earlier post must be over 50 and in the workforce

all of us need to know how to fix this economic crisis ,its real simple 1) there are 40 million people in the workforce today each one of these 40 million recieve a check for 1 million dollars (40 million JOBS are now in demand )
you must agree to buy a house or payoff existing mortgage housing crisis resolved you must also buy a new car (auto crisis is fixed ) the rest is in ira rollovers or saving ,living off interest for taxes and lifestyle also no social security payouts to those that accepted the 1 million social security is saved all this for a paultry 40 million not 1.4trillion to greedy banks and insurance companies who have done nothing to resolve the economic downturned or stopped people from losing their home very simple and this WOULD work think about it!

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I took early retirement the first chance I got in 2002. I had been watching my 401K constantly taking hits in the various investment directions the company offered. They don't have experts managing the choices for you! It's just a scam to use your money while it is in the company's pocket. I recall the look of horror on a few managers' faces when I mentioned in a staff meeting that putting money in the company's 401K was like throwing it down a hole. But, I was right. When I left the company, I cashed out my 401K and put it in a high interest savings account. In the meantime, all of my former coworkers have lost nearly everything they have put into their 401Ks. I came out WAY ahead and I am so glad I got off the corporate treadmill. I have since written two books (something I have always wanted to do), and I don't have to work anymore. Take that, phone company! (my former employer) I'm SO glad I quit working for them while being ripped off at the same time.