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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: RetiredNow who wrote (214645)1/11/2005 2:16:32 PM
From: Road Walker  Read Replies (1) | Respond to of 1574727
 
re: John, you might do better for yourself, if you spend more time reading the www.ssa.gov 2004 report.

I've perused it. Actuaries are making conservative guesses. Could be better, could be worse (the last two revisions have been better, BTW). Since I am mostly a fiscal conservative, I suggest we take care of the problem, not exacerbate it with private accounts.

re: However, I am only satisfied by a system that provides a GOOD retirement for our seniors, through enforced savings and through using the 228 years of finance knowledge in this country to create a retirement system unmatched anywhere in the world.

Cute speech but it doesn't have anything to do with the Bush scheme. How much do you calculate that a 35 year old earning $50K a year would have at retirement from the "private" SS account? Best and worst case.

John