Quote:
|
Quote by: Leopard,
So investing in a high risk scheme instead of a safe one - precisely what freedoms does that give you?
Regards, Lava!
|
isn't the determination of 'safe' or 'high risk' a totally subjective one? so why not let people decide for themselves where to invest and how much risk they are willing to take? If social security is so 'good' why use FORCE to get people to comply?
michael[/quote]
I'm not putting an opinion in, but I believe the point was that the vast majority of people will NOT choose to plan for their retirement and the state will become responsible for them so this insures both sides.
Those responsible for themselves get whatever they put into a 401K PLUS the SSI.