Fixing(?) Entitlements

[CRedskinsRule]

Originally Posted by Schneed10

I see personal finance is not your strong suit. Obviously people would not be permitted to trade penny stocks - privatizing would treat it like your typical 401K where you have maybe 8 mutual fund options, all appropriately diversified. If you’re investing for more than 10 years, as most of us would be, you couldn’t lose money.

This may not be the right way to ask this question, but i will try anyway.

Couldn't social security be set up in a way that accounts for time horizons. So funds needed for immediate and short term obligqtions are put in a "lockbox account with minimal interest" while mid to long term bligations are invested against stock indexed accounts?



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[Schneed10]

Originally Posted by CRedskinsRule

This may not be the right way to ask this question, but i will try anyway.

Couldn't social security be set up in a way that accounts for time horizons. So funds needed for immediate and short term obligqtions are put in a "lockbox account with minimal interest" while mid to long term bligations are invested against stock indexed accounts?



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Yes, that's exactly what I was referencing when I mentioned target date funds. Every mutual fund firm has them. Pretty simple and low cost to manage.