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To: Stingy Dog

No. That's not what I said. If you pay 6% of your wages to SS, you will have the opportunity (voluntary) to pay only $% to the SS fund and put 2% into a private investment fund. You WILL have to invest it, and the choices will be somewhat limited, but it will be yours.

If that plan goes through, the amount you can divert to your own investments will probably increase over the years.

As far as what you still pay to SS, well, just look at all the old people in Florida you will be helping!

Do you have parents or grandparents who are receiving benefits? That's how I comfort myself. I think of my parents and grandparents. Otherwise, they'd probably be living with me!!!


499 posted on 04/28/2005 5:37:31 PM PDT by altura
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