The 4 Pension Plans with the Steepest Losses

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I beleived that most of all people who have any pension plans invested through brokerage firms either in mutual funds, stocks, bonds, annuties have lost close to 50% value in the previous 6 to 8 months from today and at the same time all brokers are charging over and above high fees plush their high salary and this lost can't claim for income tax deductions and people have to pay tax on any divident. Why the government,specially the SEC do not take actions to charge high fee and commision of brokers? Many brokers are miss leading to many senior retired persons and government is not looking after the people to whom they are seveing? If the federal government help the big banks, big business and finance institute for wrong doing, why the government is not helping many people lost their investment for no foult of their own?

Natu S. Patel of MD 3:43PM January 27, 2009

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Planning to Retire

Senior editor Emily Brandon tells you how to get ready financially for retirement and to make your golden years the best they can be.

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Our retirement readiness calculator will provide a rough idea of how long your retirement savings and income will last.


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