Quote Originally Posted by Gawain of Orkeny
Take any 40 year peroid and invest your money in the stock market during it. You will make out far better than SS. SS should be banned. Its unconstitional and immoral. Its nothing more than a governement rip off scheme. How can you claim the the market as not being able to provide any real return to investors?
Amen brother Gawain. SS is a sure thing arlight- sure to get lousy returns. For your entire career, put 13% of your income into a 401k and when you retire compare it to SS. Anyone wanna guess which will pay out more?

"When I was young and had nothing, I was a liberal; now I'm old and have lots, so I'm a conservative."

The fallacy is in assuming that everyone else's life cycle was synched to his.
I didn't get that at all from the article. Maybe it's because I'm young, have nothing and am conservative.