The Motley Fool Discussion Boards

Previous Page

Politics & Current Events / Retire Early CampFIRE


Subject:  Re: What incensed me the most Date:  10/11/2012  11:28 PM
Author:  2828 Number:  648378 of 888023

I watched the debate (sometimes only half listening) but one thing Biden said set me off: privatizing SS would have been a disaster. Has this man seen the current value of the S&P 500? His talking point on this is four-years out of date and wasn't right even then.
I just saw a study saying SS is a bad deal for 80% of the people. Meaning, i believe, they put in more than they get out. I find it hard to believe it would be a money loser for 80% of the people if you got to invest your money in a lifecycle fund or even the S&P 500 over your 40 some year career. Then again, that's what dems do, scare people.
Copyright 1996-2021 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us