Hi Donny,
I don't think retirement is going to be hard for folks to do in the future. Over the last 100 years there has been several financial down turns. Each and every time the American spirit survived and the people turned it around. There are fantastic opportunities out there right now and the investment savey folks are jumping all over them. I have believed for the last 10 years that those people relying on a corporate sponsored retirement were in trouble and unfortunately I was right. I was also very unsettled about how many of my friends had all their retirement vested in stocks. We all know where they are today.
No Donny, I am a strong believer in the American spirit and everything it has always stood for. I truly believe if the government will just let it run it's natural course and take great care in how and who it decides to help it will be ok. I know there are families hurting and I also know that communities have always banded together in tough times to help those in need.
I retired about 12 years ago and am thankful everyday about my timing and good fortune. But a lot of that good fortune came at the expense of very hard work and a lot of luck.
still a great thread
Hammer