Bryan

I applaud you. You are doing it right but you are in the minority. Those saving for a comfortable retirement, on the average, are few and far between.

And, there are those who diligently invested in a company plan only to have the company go under like Enron for example. No matter how much they may have saved, they wound up with nothing. That can and does happen. Diversify.

There is a problem for those already retired with "promises" from employers which may not be kept. Consider an individual with a total spendable retirement income of $24 k per annum. If that individual were to have to supply his or her own medical coverage, it would be between $4 and $8 k per individual per year. If prescription help is eliminated, it could also be devistating, since some folks require meds that cost in the hundreds for a 30 day supply.