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Privatizing a portion of Social Security: Why are liberals happy with a Negative Return on their "investment"?
10-13-2012, 12:01 AM
Post: #1
Privatizing a portion of Social Security: Why are liberals happy with a Negative Return on their "investment"?
Starting now.. you will NOT get back what you paid in.

Today, you could open an annuity with guaranteed principal + guaranteed return with any insurance company and have a much better retirement that SS will ever give you.
2.5% Minimum Guaranteed.. OR.. -5%? And that is with rates at record lows ! The only place they can go is up !

If you wanted to be in the market... keep this in mind. The average return over ANY 30 year period is 10%

Washington -- People retiring today are part of the first generation of workers who have paid more in Social Security taxes during their careers than they will receive in benefits after they retire. It's a historic shift that will only get worse for future retirees, according to an analysis by The Associated Press.

http://www.syracuse.com/news/index.ssf/2...first.html
have you not noticed? 401k's recouped their losses by the middle of last year
Sorry Libs.. you know as much about Retirement planning as you do the Constitution.
SS IS A RISK ! You are LOSING YOUR MONEY !!! My God. ! Can you people read? You wont' get your money back !!!! lol
@Bruce.. do you know what a Pension is? They go out and buy an Annuity for you !!!!

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Messages In This Thread
Privatizing a portion of Social Security: Why are liberals happy with a Negative Return on their "investment"? - The MobFather - 10-13-2012 12:01 AM
[] - Mr. Smartypants - 10-13-2012, 12:09 AM
[] - Truth - 10-13-2012, 12:09 AM
[] - who is #1? - 10-13-2012, 12:09 AM
[] - kril_420 - 10-13-2012, 12:09 AM
[] - brucec83 - 10-13-2012, 12:09 AM
[] - brenton s - 10-13-2012, 12:09 AM
[] - "The Sheep" - 10-13-2012, 12:09 AM
[] - mommanuke - 10-13-2012, 12:09 AM
[] - IrateMenace991 - 10-13-2012, 12:09 AM
[] - Gentlemenairport502 - 10-13-2012, 12:09 AM
[] - Jeff Spicoli - 10-13-2012, 12:09 AM
[] - J J - 10-13-2012, 12:09 AM

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