On Wed, 27 Dec 2017 23:57:04 -0600, Vic Smith
wrote:

On Thu, 28 Dec 2017 00:09:37 -0500, wrote:

On Wed, 27 Dec 2017 20:36:37 -0600, Terry Coombs
wrote:

Ed Zachary ! That money was supposed to be in a trust and invested
for our retirement . Instead the ****in' politicians stole it to buy
votes . Had that money I paid in been invested in something that had a
return similar to what I invested on my own I'd be getting about 3 times
what I draw from SS .

That is true. If my SS money had been put into the stocks of the dow I
would have about 2.5 million bucks and If I had the dividends
reinvested it would be more like 3.5 - 4 million depending on the
stock mix.

More likely the entire stock market industry would be entirely different.
Boom and bust, panic, vast corruption. Public revolts, lynch mobs.
Maybe we'd have a different form of government by now.
Probably would be lucky to get a dime back.
Unless the government was running the stock markets, which presents it own problems.

There are other investments, I just used that as an example. Besides,
having that much pension money in the market would tend to stabilize
it since most would actually be in funds.
I will agree that we might face the same fate as SS since the boomers
will be pulling that money out, never to return but that may still be
a problem when the wave hits the 401k money.

Besides, nobody stopped you from investing a similar percentage on your own.

I did. That is why I could afford to retire at 49.