[Moneyguy1]

Not everyone is astute as the two of you. That is the plain truth. Sure, I did the same thing; invested every damn penny I could lay my hands on. But, most folks I know are like ostriches and have their heads in the fiscal sand. So, consider that you may be doing the right thing, but most will not. So, when their productive years are over with, how will they survive? Don't say it isn't your problem, because it will be. And the problem is compounded by the changes in retirement accounts offered by businesses such as the change from defined benefit to defined contribution and even worse, very. Again, luck of the draw. Enron comes to mind. How will those people survive? And look at the disclaimer on all investments outside those covered by federal law. The institute goes bust, you can lost it all

I recommend prudence in spending and credit use, and maxing out every legal investment opportunity that can be written off or defers taxes. Consider the SS account...the IOUs from Congress cannot be invested and that is one of the primary reasons the return is as low as it is. Government can invest quite well. Look at the New York State retirement fund. Weathered the past few years quite well.