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Retirement Discussions / Retire Well on Less

URL:  http://boards.fool.com/my-thoughts-exactly-the-problem-i-see-with-means-19831510.aspx

Subject:  Re: SS conclusion Date:  11/9/2003  11:17 PM
Author:  cliff666 Number:  217 of 1700

My thoughts exactly. The problem I see with means testing is: are we going to base a person's needs on lifetime income, lifetime savings, or something else? Why reward personal irresponsibility, or refuse to pay back money rendered when someone of modest means has made sacrifices to build up some personal savings? It seems to me that a means-testing scenario that would actually take into account these dynamics would be an expensive labyrinthian bureaucratic nightmare.

The jury is still out on means te