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Bruno IM is confused about the relationship between retirement security and political affiliation.

he may wish to remember that the Democratic President Bill Clinton balanced the budget, and the 'conservative' George Bush broke it with adventuring and corruption. Her may wish to reflect on the dollar in free fall because of the collapsing debt-ridden US economy.

Like Bruno, I would vote for hayek for president. Unfortunately as an Austrian he could not run even if he were still alive.

Bruno: don't confuse political economists with corrupt pols using 'conservatism' as a marketing slogan to fool the ignorant.

BRUNO1M: The author didn't refer to a 'worry free' 7%, but rather a 'modest' 7%. Worry is an emotive term and implies that you haven't done your homework. If instead you have exercised due diligence you don't worry about the things that you cannot control such as what interest rates or in inflation are going to do. You focus instead on the things that you can control: reduce expenditures, save more, invest regularly, diversify and you will average at least 7%, whcih beats the tar out of money markets. You will be o.k.I've done this faithfully since 1987, and now have a 7 figure portfolio, and did it on a teacher's salary.

Don't be guilty of reacting to every twist and turn of the market and succumbing to neurotic pessimism just because the financial press has a 24 hour news cycle to fill. Oh, and vote conservative. I'm not kidding: higher taxes, increased regulation, and protection have been shown in numerous academic studies (i.e. see Victor Canto) to be real wealth destroye...(Read more of this comment)rs. (Show less of this comment)

Would you all please demonstrate how anyone, these days, can come up with a worry-free 7% annual income?

H Myers