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To: Bald Eagle who wrote (125807)	1/23/2001 4:45:50 AM
From: Amy J	Read Replies (1) \| Respond to of 186894

OT Hi Bald Eagle, RE: "drawing $275,000.00 during the last year of her life. This is calculated on an average life span for each." Interesting article. I assume that's in tomorrow's dollar, not expressed in today's dollar. Assuming a conservative 7-2 inflation rule (double money every 14 years), that 275k (expressed in tomorrow's dollar) would be approximately $68,750/year expressed in today's dollar, assuming 28 years in retirement. RE: "with an equal amount matched by our employer" That would be nice. RE: "Put them into the Social Security plan with the rest of us. Then watch how fast they would fix it!!!" I agree they need to have a similar system so they are motivated to fix it, i.e. enable a plan that is dependent upon employee contributions and the investment results of these depend upon the success (or lack of success) of the saver/investor, rather than offering a plan that essentially makes the investment result of employer contributions guaranteed. OTOH, this could create the potential for investment corruption within Congress (gov't deals favoring their investments). Regards, Amy J