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Politics : Formerly About Advanced Micro Devices
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To: TimF who wrote (329013)3/15/2007 2:09:39 PM
From: Road Walker  Read Replies (1) of 1576972
 
re: Not really insurance either.

But closer to insurance than a retirement plan. In fact they used to call it Social Security Insurance.

re: What I meant about how it might be negative in the future was for retirees of any age. Retire in 2040 and live to 100 and the benefits might not represent a positive return on the amount you where taxed

Right, I got it. But in general I think if you live past 78 or something it's a good deal. If it stays approximately like it is today than I don't see why that would change drastically.
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