Sorry to dredge up this old debate. It took me a couple days to read thru the whole thread. Interesting comments on both sides.
I think there will be a time when ‘social security’ on this thread will be replaced with ‘401k’, and the arguments will be the same. ‘But I paid into it, it was promised to me, it is mine’.
Or am I way off? Would like to get both of your opinions on it...Thanks.
“I think there will be a time when social security on this thread will be replaced with 401k, and the arguments will be the same.”
It’s already been seriously discussed in Washington. What was proposed was rolling the 401Ks in with SS.