MONEY: Thinking about employer 401Ks and IRAs versus retirement savings

http://www.foxbusiness.com/personal-finance/2012/11/26/401k-with-no-match-should-contribute/

An interesting article. My gripe with 401ks has always been the investment options and fees are “unacceptable”. Especially when you consider the real inflation rate.

I know I am a gold bug. But with the FED printing money and the subterfuge of them buying their own bonds, I think we are at risk of an even higher inflation. I remember the Cater inflation. And, I am not buying that the interest rate is zero.

I think an interesting facet is that the price of gas, which goes into every product indirectly, has actually decline in price since 1968. (Ron Paul said it best: “Three silver dimes bought a gallon of gas in the Sixties; today, those same three silver dimes equate to a gallon and half.”)

As a poor retiree, inflation is my concern. (If it evokes more sympathy, I’m also an orphan.) I realize that I probably personally have a lot to worry about. It’s really just me. But for posterity, this stinks. Hence my obsession on commodity bullion.

And, it is a way of avoiding the estate taxes.

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