Originally posted by Toad
Looks like those who believe SS is actually "solvent" are succeeding in convincing people that it's far better to trust the government to hold your imaginary money than it is to have a defined amount of money in a retirement account in your own name.
One thing is certain, if changes to Social Security policies are delayed,(READ: Democrats continuously shooting down anything the Repubs put forward).. runaway growth in Social Security's financial short-fall is likely to ensure higher tax rates and more adverse reactions by financial markets in the future.
Personally, I don't even consider SS in my financial planning of the future. But its sanctity must be ensured, because the market is where a portion of my retirement money will be coming from.
