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Politics : Politics for Pros- moderated
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To: kech who wrote (101685)2/22/2005 8:33:07 PM
From: Lane3  Read Replies (3) of 793725
 
It should do wonders for saving.

The amount of money allowed under SS, just like with IRAs, is a pittance. People need to save more than that. If people saved as much as responsible people should, the economy would tank.

As for interest rates, you're right. Good excuse. But when people reach retirement, that excuse won't pay the rent.
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