Tuesday, September 28, 2010

W. C. Fields: Retirement Planning Realist

From a letter written by W. C. Fields to his mistress, minor movie actress Carlotta Monti, in 1939:
I have given deep thought of how to protect one’s self from poverty in old age but have never found a solution. When I get an idea and analyse it thoroughly, I always find so many things can happen: The banks fail; insurance companies go on the blink; money is apt to be depreciated; stocks and bonds go to nothing; property values go so low you permit the state to sell it for delinquent taxes; nothing is certain but death.
H/T to Randy Cassingham's This is True for calling attention to Letters of Note.

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