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Investing/Strategies / Retirement Investing
|Subject: Re: Poll: New Social Security plan||Date: 5/18/2000 1:57 PM|
|Author: RECCLES4||Number: 22047 of 76079|
Meanwhile, linking SS payments to investment performance sounds good in good times, but in bad times the income is still needed--maybe even more so, so won't govt be forced to bail out losing investments--no matter what the cost. Is this a good deal for the future of any of us?
Hey didnt Puru do something like this. They switched thier SS system to be participant guided. This has cut the cost of administering the system not to mention boosted the retirement funds of those who participate and the citizens are much happier with this new system.
I for one would opt to go the investment route. You could always give the people a choice, self directed or government directed.
HMMM wonder how many would stay with the government directed way??
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