Charles_Main
AR15 Owner
Sorry, but a mentally deficient Monkey could do better investing than the SS fund does.
Privatize at least part of it.
Ya.....great idea.
The Pew Survey has found that 52% of people over 50 years old are considering retiring later than 65 years old, and 68% of people over 57 years old are considering retiring later. This is because 59% of them have lost over 40% in their stock market accounts.
Baby Boomers Delaying Retirement | Wade Dokken, Ron Carson, Tom Hamlin, Lincoln Collins, etc on Fixed Index Annuities Investments of the annuity | Wade Dokken | annuities,guaranteed withdrawal benefits,lifetime income,index annuities,guarantee of pri
So what is your grand idea? To continue to have a fund with Billions in it. Make 1% return? While being raped by the government to fund the General budget most of the time?
You are ignoring the fact that most of those people who lost 40% have been seeing gains toward getting it back lately. Compare how the stock market has performed to the return we have gotten on the SS fund, and any rational person would have to conclude that private investment is much better.
Please.
Allowing younger workers to privatize part of their SS is a very good idea.
Your cute little emoticon does not change that fact, it just exposes your ignorance, and closed mindedness.
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