Letters: Aug. 19, 2002

Will You Ever Be Able to Retire?

"I may no longer be able to retire early, as I had planned, but in November my vote may help my local politicians do so." BRIAN JUDGE Landisburg, Pa. As uncertain as our retirement futures appear [BUSINESS, July 29], I am deeply bothered by the financial wastefulness and frivolousness of American households, as illustrated by Maria and George Rudd in your article. You noted that together the Rudds, who are in their 60s, earn $280,000 but have a credit-card debt of $45,000 and only $40,000 in savings and investments. The Rudds are only one...

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