If you are still contributing to a 401k or an IRA, listen to this podcast.Submitted by go213mph on Sat, 11/03/2012 - 18:31
I cashed in my 401k about 6 months prior to 2008 meltdown and since then I've tried to get people to at least stop contributing to their 401k if they won't do the right thing and yank all their money out now.
I just so happened to come across this podcast last night when I was setting up some things to listen to before bed. It provides an excellent theory about the reason 401k's became all the rage in the early 80's and it may very well save you a lot of money depending on the amount you have saved in your 401k and your personal view about how the looming dollar crisis is going to play out.
It's worth taking the time to listen to if for no other reason than to educate yourself. I think the theory put forward is correct and once again, the State is pilliaging us and disguising the theft by convincing us it's really trying to help us save for our retirement.