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Ben · 10-13-2012, 02:59 AM

Better.

SS is failing...it is just a matter of time.

www.scapegoatz.com · 10-13-2012, 02:59 AM

You would have about a 320% return on your money.

TG · 10-13-2012, 02:59 AM

Do you know the answer? Because that's a lot of math...it also depends on many factors such as contribution amounts, company match, what you invested in (I'm assuming you would base it on the S&P) etc....

You would probably be better off had you invested yourself, how much better is a matter of opinion

Baby on Board · 10-13-2012, 02:59 AM

Well, I wasn't alive 40 years ago, but I'm pretty sure I'd be doing well. Even with the way the stocks have been going the past week mine are still on the rise. So I'm pretty sure I'll be doing good when the time comes for me to retire.

Gentlemenrainstorm985 · 10-13-2012, 02:59 AM

Depends on the company.

If you had become a millionaire by investing in IBM, you might have been excited during the dot.com boom and lost everything on a bad company, which most of them were.

Darwin · 10-13-2012, 02:59 AM

Assuming I had cashed in my stock and bought an income for life, I would have done worse than my SS.

squaremask213 · 10-13-2012, 02:59 AM

Ummm... do you watch the news?

Stocks have taken a crap...you'd be broke as a joke.

I have a family member who has lived off her stocks for 10 years... she shops at the Dollar General now.

Yeah... that would have been a great move.

livelythrill319 · 10-13-2012, 02:59 AM

I'd be pooping my pants.

Bonkers! · 10-13-2012, 02:59 AM

oh, if only i was old enough back then. that would be one hell of a good return....

just look at how poor an understanding of the market some of the answers here have. a couple are implying that because of this week's issues, you would not have made money. they have zero understanding of the market.

rare2findd · 10-13-2012, 02:59 AM

at least you know what you are entitled to with ss as it is now.
this is a wide open question and cannot be answered off the cuff.
Personaly - even though I am in my early twenties, I am more trustworthy of that I can see and figure out myself than I am in the untrustworthy stock market.Why? because whenever there is a lot of money involved, and there is money to be made, the fatcats somehow manage to get theirs, even if the trusting, do not.