Toddsterpatriot
Diamond Member
and how many ppl do you think would have a successful portfolio? You want to put ppl that dont know anything hardly about finance's in charge of they're own retirement? Sigh...and when they fail, where do their losses go? Never mind. You have no stomach for research and knowledge...the money that would be safely in a ret account for them, since they didnt know what they were doing, goes right into the stock market to go into some fat ass fat cats pocket. But they dont tell you that when they're slingin their crap and ppl like you eat it up with a spoon.
You get the government you deserve.
You want to put ppl that dont know anything hardly about finance's in charge of they're own retirement?
They could set up two age based portfolios that would do just fine. Much higher returns than Social Security, with the ability to leave your account to your family.
But that would keep the money out of the control of the politicians, so you'd never go for it.