Registered: Jun 2003
Location: Lyons, GA
Posts: 1014

What is everyone doing to protect the retirement money? I'm 99.9% sure I never will get anything back I put in social security. I did hear the politicians talking about take everybodys' 401ks and IRA's and paying it back to us like social security.
I'm just trying to figure out where to put the little I do have.

Check out this short video explaining our money problem.
http://www.youtube-nocookie.com/embed/EW5IdwltaAc?rel=0

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Registered: Nov 2011
Location:
Posts: 856

The big ? is how old are you? How much risk can you tolerate? If you are on the verge of retirement and/or can't stand risk, your options are very limited. Inflation is going to eat about 4% of whatever you have every year.
I recommend paying cash for real estate as long as you are not getting burned, or the stock market. That is the only way I know of to offset the cost of inflation and make some money at the same time. It is not necessarily that simple though.

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