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


To: TimF who wrote (328993)3/15/2007 12:25:31 PM
From: Road Walker  Read Replies (1) | Respond to of 1575605
 
re: 2 - Its rate of return might be negative. Not for many (perhaps not any) current retirees, but quite possibly for many future retirees.

It's rate of return will be negative for A LOT of people... anyone that dies before (WAG) their 70th birthday. People that die before their 62nd birthday get a zero return.

That's why it doesn't make any sense to think about SS are a retirement program; it's closer to insurance.