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Old 03-26-2008, 11:23 AM   #52
firstdown
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Join Date: Oct 2004
Location: chesapeake, va
Age: 62
Posts: 15,817
Re: How to Fix Social Security

Quote:
Originally Posted by onlydarksets View Post
I think I agree with partial privatization. My concern is with privatizing the entire thing, and then expecting people who have never taken any interest in planning for retirement to invest wisely. Partial privatization gives at least a small fallback cushion.
Well if the goverment does privatize SS it would have to be manditory that each person invest a % of their payroll each month. I would also not have a problem if the Goverment restricted how the money was invested to some point. Another words I could not take all the money and invest it into risky stocks I would have to be deversified in my portfolio.
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