Quote:
Originally Posted by Guest
You are required to pay into SS but you draw out more than you put into it. Figure out how much you had to put in, now figure out how much you believe you and your spouse will withdraw for a lifetime. Which figure is higher?
You cannot say you would have been able to invest that same amount and get a higher return - we all know that the vast majority do not or would not start any saving for retirement until their mid-40's unless forced to do it.
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Not true. You are assuming that the average American can NOT make good choices. On the other hand, they did elect a total unknown and he did turn out to be a failure, so you might have a certain amount of credibility in your statement.
However, if they treated it like they do their Thrift Savings plan, there would be a lot of folks with a very decent lifestyle now. That's what they did to the gov pension plan. They added SS payroll deductions, lowered the percentage of gov pension and supplied the added Thrift Savings plan. I would like to see the gov savings on that change.
I am tired of folks telling me that something CAN'T be done. It can, and it should. We have the best country in the world and we should live up to that standard. We don't want to be a European style socialist country. They are ALL failing. Even the ones that Sanders is bragging about. Failing, unsustainable, going bankrupt. Greece is just a preview of coming attractions.
America needs to show them how independent we are from our gov nanny. Privatize just about everything and it will thrive.