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Author: ziggy29 Big funky green star, 20000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 74759  
Subject: Re: Clinton Retirement Plan Date: 10/10/2007 6:04 PM
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>> The government in no way dictates your retirement future. You're free to save what you like, within your financial ability to do so. <<

You are mostly right, at least for now. But if the government eventually "fixes" the Social Security mess by heavily means testing it -- as would seem to be one option for "fixing" it -- then they would be actively discouraging saving, especially if the phase-out was sharp and the phase-out income level started at a modest level.

That's not the same as saying we *can't* save, but eliminating almost all incentive to do it would nearly be the same.

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