Many troops still confident in investments

[unhappycamper]

Many troops still confident in investments
By Bryce S. Dubee, Stars and Stripes
Pacific edition, Monday, February 23, 2009

In these tough economic times, as millions around the world remain unsure about their futures, many servicemembers said they remain confident in their long-term financial security.

In a recent survey, 47 percent of servicemembers who responded said they feel either very confident or somewhat confident about their ability to retire comfortably.

The survey was conducted by the Financial Industry Regulatory Authority Foundation in cooperation with the Employee Benefit Research Institute and Mathew Greenwald and Associates. Results were released Thursday.

"(The recession) hasn’t really affected me directly," said Senior Airman Adam Guy, assigned to the 374th Communication Squadron at Yokota Air Base, Japan.

Guy said even though he invests regularly in his military Thrift Savings Plan, at age 23 he’s not overly preoccupied with how the current downturn will affect his retirement down the road.


Rest of article at: http://www.stripes.com/article.asp?section=104&article=60899