Show me any any 20 year period since the Depression in which the stock market has not outperformed, by great magnitudes, what the government promises to pay out in SS.
You know, if you die the day after you retire, you get nothing from SS. Nor does your spouse or children. All you paid over your entire lifetime is gone. If you have investments, they are still there in your estate, for you loved ones to have.
The Bush plan called for a very small amount to be eligible for investment in the markets, like 10% or less. The rest still went to SS.
The market has not fallen that much. Wall street is having a bad time, but not the economy overall.
And I still trust the markets to make me money over the long haul, much more than I trust the government.
"Bushies"? Please, have some manners. We don't have to call names just because we disagree.
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Today's Featured Article - Restoration Story: Fordson Major - by Anthony West. George bought his Fordson Major from a an implement sale about 18 years ago for £200.00 (UK). There is no known history regarding its origins or what service it had done, but the following work was undertaken alone to bring it up to show standard. From the engine number, it was found that this Major was produced late 1946. It was almost complete but had various parts that would definitely need replacing.
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