[Hugh R]

Todd, I'm there, I plan to "retire" in about 7 years at 65 and I've had the same miserable performance with my portfolio recently. I'm going more to annuities as I get older. My point as the OP was to tell the kids here to put something away now. Don't start thinking about pension and retirement funds when you're 40 or 50.

I'm a long way from a financial guru, but I see things getting worse before they get better. The European debt thing is musical chairs on the Titanic. Greece, Italy, Spain, Ireland, Portugal ARE going to default. The numbers are irrefutable. Its just a matter of time; I give it a year. Again, I don't want this to go to PARF. But its time we woke up and smelled the burnt toast.