inre 401k’s, IRA’s and other retirement funds that people consider to be “their” assets – I wonder what happens when the govt takes them over to cover the lack of funds in the Social Security pot
will individuals still be able to count “their” retirement money as an asset?
this coming change could have dramatic effect on people’s ability to purchase real estate
[yes, I know, you’re saying to yourself that the govt will never take your 401K’s, IRA’s, etc – OK, whatever helps you sleep at night – I’ll probably be wrong again – just like I was wrong about the GSEs being nationalized, silver at $5/oz being a good investment, gold at $400/oz being a good investment …]
