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Old 11-29-2008, 01:38 PM   #4 (permalink)
tom3
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Re: $15.3B Gone From GM Pention Fund?

Quote:
Originally Posted by Clownzilla View Post
Well, there is no such thing as a guaranteed retirement income from a corporation. It's funny how the UAW thinks that a signed piece of paper is all it needs to guarantee retirement income. The ONLY way to guarantee retirement income is do it themselves. Don't depend on a corporation to spoon feed you until you die.
And even then there's no guarantee. The bank or investment firm fails, the stock market crashes, and you're funds are wrecked. Tough, these modern times.
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