Tied Stock
March 16th, 2010
How does everyone feel about tying Social Security to the stock market?
I asked this same question about nine months ago, and I am going back and re-reading the responses to them. Some of them are quite humorous (unintentionally). Some are very naive. Well, what say ye alle now?
For just what happened to market prices is reason not to tie Social Security to the stock market. The government won’t let it go belly up because the results would be a disaster. Fortunately, the 401k and ira’s will supplement any pensions for future retirees with maybe a lesser amount from Social Security. For baby boomers, those vehicles were not in place early enough for the growth/time factors to be advantageous. We hear more about saving and preparing for our golden years so more of us will be prepared and have a plan.
How to tie a ready tied stock tie
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