What do I do if my nest egg gets fried?

News Type: Event — Seeded on Mon Aug 4, 2008 6:10 AM EDT

Article Source: msnbc.com

The gyrations in the stock and credit markets have forced some retirees to face choices they may not have thought about when financial markets were calmer.� The Answer Desk

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{"commentId":2359043,"authorDomain":"KarlBratcher"}

Karl_Bratcher

Well, so much for that good advise from that supposefully inexpensive finianchial advisor. Next tiome I'll pay more attention to Uncle Harry, he tried to warn me.

{"commentId":2359043,"threadId":"325285","contentId":"1719003","authorDomain":"KarlBratcher"}

#1 - Mon Aug 4, 2008 6:11 AM EDT

{"commentId":2359883,"authorDomain":"steve-sue"}

crap-O-laDeleted

{"commentId":2360439,"authorDomain":"abrew3"}

AL-405599

I thought this article was worthless....it provided NO new information....all old news. It was a waste of reading time.

{"commentId":2360439,"threadId":"325285","contentId":"1719003","authorDomain":"abrew3"}

#3 - Mon Aug 4, 2008 11:09 AM EDT

{"commentId":2360594,"authorDomain":"mitrout"}

TJ-405617

It takes about 13 years to break even if you don't take social security at 62 vs taking it at full retirement age. Most financial advisers I've spoken to say to take the money at 62. Who knows if we will even be alive 13 years later much less what the rest of the economy will be like....

{"commentId":2360594,"threadId":"325285","contentId":"1719003","authorDomain":"mitrout"}

#4 - Mon Aug 4, 2008 11:28 AM EDT

{"commentId":2369248,"authorDomain":"idcmanager"}

BG-348810

people now-a-days arent retired at 62, no one can afford to retire and live on skimpy SS $$$$ if you apply at 62 you better not have any income or it will be deducted from SS $$

{"commentId":2369248,"threadId":"325285","contentId":"1719003","authorDomain":"idcmanager"}

#4.1 - Tue Aug 5, 2008 10:34 AM EDT

{"commentId":2360737,"authorDomain":"hollingsworth8615"}

Sherry-405634

Hold on...it's not your JOB to cheerlead the economy? What, are you kidding? The media RUNS the country - oh yes it is your job to report some good news and give us some hope. Oh yes, you are totally responsible.

{"commentId":2360737,"threadId":"325285","contentId":"1719003","authorDomain":"hollingsworth8615"}

#5 - Mon Aug 4, 2008 11:44 AM EDT

{"commentId":2360755,"authorDomain":"hollingsworth8615"}

Sherry-405634

Hold on - it's not your job to cheerlead the economy. The media runs this country and yes you need to report some good news such as your comment about "we can't call it a recession because the gross national product is still climbing" that IS good news.

{"commentId":2360755,"threadId":"325285","contentId":"1719003","authorDomain":"hollingsworth8615"}

#6 - Mon Aug 4, 2008 11:47 AM EDT

{"commentId":2361107,"authorDomain":"dhelfritch"}

Dennis-405676

Well, I read the whole article, waiting for an answer to the situation posed in the title - "What to do if my nest egg gets fried". I never got an answer, only general retirement planning info that the author probably cut and pasted from the hundreds of articles already out there.

{"commentId":2361107,"threadId":"325285","contentId":"1719003","authorDomain":"dhelfritch"}

#7 - Mon Aug 4, 2008 12:25 PM EDT

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KARL_BRATCHER

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What do I do if my nest egg gets fried?

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