Comments on: A Failsafe Plan for Retirement Income http://toughmoneylove.com/2009/09/21/failsafe-plan-retirement-income/ The Hard Truth about Money and Personal Finance Mon, 15 Mar 2010 15:37:50 +0000 http://wordpress.org/?v=2.9 hourly 1 By: MasterPo http://toughmoneylove.com/2009/09/21/failsafe-plan-retirement-income/comment-page-1/#comment-5971 MasterPo Wed, 23 Sep 2009 01:17:25 +0000 http://toughmoneylove.com/?p=4591#comment-5971 That article doesn't say much about the R bond. It mainly just slams stocks and then, once again, GOVERNMENT comes to the rescue of the poor abused citizen. This smells like a tax. That article doesn’t say much about the R bond. It mainly just slams stocks and then, once again, GOVERNMENT comes to the rescue of the poor abused citizen.

This smells like a tax.

]]> By: MasterPo http://toughmoneylove.com/2009/09/21/failsafe-plan-retirement-income/comment-page-1/#comment-5969 MasterPo Wed, 23 Sep 2009 01:12:06 +0000 http://toughmoneylove.com/?p=4591#comment-5969 That link doesn't give much info on R bonds. It basically just slams all other investments, then, along comes the gov to save the day! (again) Here's a link to a June 7th article that gives more details: http://www.investmentnews.com/article/20090607/REG/906059955 Frankly, this sounds like a hidden TAX! Yes, I said TAX! Who is selling these "bonds"? The government! Who is buying them? Everyone will be required to (it's being called an "auto-IRA"). WHat if I don't want to participate? No can do. If it walks like a tax and sounds like a tax and smells like a tax... That link doesn’t give much info on R bonds. It basically just slams all other investments, then, along comes the gov to save the day! (again)

Here’s a link to a June 7th article that gives more details: http://www.investmentnews.com/article/20090607/REG/906059955

Frankly, this sounds like a hidden TAX! Yes, I said TAX!

Who is selling these “bonds”? The government!
Who is buying them? Everyone will be required to (it’s being called an “auto-IRA”).

WHat if I don’t want to participate? No can do.

If it walks like a tax and sounds like a tax and smells like a tax…

]]>