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<blockquote data-quote="Brute 23" data-source="post: 1457046" data-attributes="member: 6291"><p>13 Mil was figured at 10%... that's below the market average. What risk is there being in the S&P or DJ? If they fall nothing else will matter. You trust politicians holding your money? That is far greater a risk than the stick market. I don't care if the market is down a little when it's time to retire. As I said, during the great depression the DJ was only down 30%.... So even if you have 10M, it will go to 7M, even with taxes you will have more than you will get from SS.</p><p></p><p>We can't get any kind of SS reform because of you even mention it people freak out. Most don't understand it or the stock market and people pander to the old and ignorant saying some one is trying to take your benefits away. It's exactly like Obama care... made from the same cloth... uses the same verbage to scare the ignorant masses.</p><p></p><p>People invest their own 401Ks... Why can they not handle investing their own SS? Things have changed. We are not the old lady you take care of... we can invest our own money.</p></blockquote><p></p>
[QUOTE="Brute 23, post: 1457046, member: 6291"] 13 Mil was figured at 10%... that's below the market average. What risk is there being in the S&P or DJ? If they fall nothing else will matter. You trust politicians holding your money? That is far greater a risk than the stick market. I don't care if the market is down a little when it's time to retire. As I said, during the great depression the DJ was only down 30%.... So even if you have 10M, it will go to 7M, even with taxes you will have more than you will get from SS. We can't get any kind of SS reform because of you even mention it people freak out. Most don't understand it or the stock market and people pander to the old and ignorant saying some one is trying to take your benefits away. It's exactly like Obama care... made from the same cloth... uses the same verbage to scare the ignorant masses. People invest their own 401Ks... Why can they not handle investing their own SS? Things have changed. We are not the old lady you take care of... we can invest our own money. [/QUOTE]
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