Comments on: Finding The Illusive 8% Savings Rate http://www.moneytalksnews.com/2008/10/09/finding-the-illusive-8-savings-rate/ Money Talks with Stacy Johnson Thu, 18 Mar 2010 04:09:01 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Joshuahttp://www.moneytalksnews.com/2008/10/09/finding-the-illusive-8-savings-rate/comment-page-1/#comment-79 Joshua Fri, 17 Oct 2008 04:21:35 +0000 http://www.moneytalksnews.com/?p=392#comment-79 I couldn't agree with you more. Honestly, it is shortsightedness that brings about panic. I understand when people who are in stages of retirement worry about their nest egg ( hate that phrase now, it gets overused ), but why would a 25 year old with $2,500 in their 401k need be worried about a drop in the stock market?There is no reason, it's just that so much attention is given to the stock market problems, and much less given to smart finances.Thanks for being a contrarian voice in the wilderness. I couldn’t agree with you more. Honestly, it is shortsightedness that brings about panic. I understand when people who are in stages of retirement worry about their nest egg ( hate that phrase now, it gets overused ), but why would a 25 year old with $2,500 in their 401k need be worried about a drop in the stock market?

There is no reason, it’s just that so much attention is given to the stock market problems, and much less given to smart finances.

Thanks for being a contrarian voice in the wilderness.

]]>