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To: Dave who wrote (60085)	6/28/2002 8:49:10 PM
From: Jerome	Read Replies (1) \| Respond to of 77400

>>>The problem is that my "Social Security" tax has not been invested<<< Dave ...it was never intended to be invested. In the stock market crash of 1929 ...the people and the politicians lost so much faith with "investments" that the only safe place for money was under the mattress. Your comments>>>I cannot believe that various Senators and Congressmen can call Enron executives "scam artists". Our "leaders" <<< If these guys are not scam artists I suggest that you start a "Skilling & Lay Benefactors Society" The death of Social Security has been predicted about about 22 times a year for the past 70 years. >>>The federal government does not have enough money<<< Governments never have enough money and that's just a historical fact of every country and every government. So what else is new? Your comments>>>>After 30 years, tax free, 6%, contributing 12.8k per annum will grow to a little over $1m.<<< 1) What happens if become unemployed and have to live off of your investment? 2)What happens if you get divorced and you soon to be ex gets most of it. 3) What happens if your family ends up with some horrific medical expenses not covered by insurance. This is very common. I had a son that was born deaf and you cannot imagine the medical and special expenses for education that he devoured over the years. And these expenses started in year one of his birth. We spent the equivalent of a four year college tuition education on him before he got to be 16. Virtually all calculations for Social Security has been wrong. The plan is still working well...and if it was needed it could be funded from general tax revenue like some of the European countries do. How about an answer to my what if questions...1,2, and 3 Regards, Jerome