Reply to Maxing out TSP

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Max out.  You never know what the future holds with pensions.  [/quote]

Sure you do.  [/quote]

You really are stupid. No certainties in life other tax/death. [/quote]

I think the point is that if government pensions and SS fail, then the money in the 401k is probably lost also. If you want to protect from a crash that causes the US government pension scheme to fail, you probably need to "invest" in gold, bitcoin, or guns and hide various currencies under your mattress.[/quote]

401k is YOUR money. Pension/SS is "promised" money. Big difference. [/quote]

I don't think you understand basic economics. There is no difference. 401 K invests in bonds, which is money "promised" from the government or from companies, or in stocks, the value of which is based on "promises" of future dividends from the companies. Even if it is sitting in a deposit in a savings account it is still money "promised" from the bank - they don't actually keep your money there, they lend it out to customers etc.[/quote]

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