It was in the PB Post, too, loved it. Wall Street seems to be reaping what they sowed, at least in part. Per the Fed, more and more people are shifting away from equities in their IRAs, 401Ks and avoiding indexed-to-the-market annuities. As people get closer to retirement, they’re also put off by Fiscal Cliffhanging on the Beltway. They can’t afford the risks, there’s little time left to acculmulate the equity they lost on their homes.
It was in the PB Post, too, loved it. Wall Street seems to be reaping what they sowed, at least in part. Per the Fed, more and more people are shifting away from equities in their IRAs, 401Ks and avoiding indexed-to-the-market annuities. As people get closer to retirement, they’re also put off by Fiscal Cliffhanging on the Beltway. They can’t afford the risks, there’s little time left to acculmulate the equity they lost on their homes.