http://www.filamwords.com/why-saving-for-retirement-may-hurt-the-poor-both-in-uk-and-us/?utm_source=rss&utm_medium=rss&utm_campaign=why-saving-for-retirement-may-hurt-the-poor-both-in-uk-and-us Showing you how to maximize your Costco membership Tue, 07 Feb 2012 18:33:11 +0000 hourly 1 http://wordpress.org/?v=3.3.1 http://www.filamwords.com/why-saving-for-retirement-may-hurt-the-poor-both-in-uk-and-us/#comment-17924 Joyce Ashworth Sun, 16 Aug 2009 04:28:40 +0000 http://www.filamwords.com/why-saving-for-retirement-may-hurt-the-poor-both-in-uk-and-us/#comment-17924 I agree with the above. I saved money all my working years. I was to inherit my parent's home but due to neighborhood deteoriation I was forced to sell the house in Memphis, TN and buy another one which resulted in a too-high mortgage. Food stamps would help me now, but unfortunately I have two Iras that penealize me from any government assistance. It did not pay to save that money. it is possible that in time I will experience complete bankrupcy. I have no children or anyone who can help me. I agree with the above. I saved money all my working years. I was to inherit my parent’s home but due to neighborhood deteoriation I was forced to sell the house in Memphis, TN and buy another one which resulted in a too-high mortgage. Food stamps would help me now, but unfortunately I have two Iras that penealize me from any government assistance. It did not pay to save that money. it is possible that in time I will experience complete bankrupcy. I have no children or anyone who can help me.

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