Quote Originally Posted by Justlisten2
.....for working folks. That's no surprise though, considering the source.
Why is it not a good plan? Why is the ability to make a higher return on what your paying in a bad plan? Why is it just bad for working folks. Are these the same working folks that won't have social security when they retire because it's dried up under the current system? SS will be a thing of the past if we do not make changes soon.

Also, Mystic,

I don't think there would be much of an effect when people retire and cash in. I don't think most people all of a sudden "withdraw" all investments when they retire. Most move them around into other more sucure types of investments to earn a income off those investments. Plus, you will also have new workers putting their share of SS into the market. I doubt it would have much of an effect, if any to the market as a whole.

One possible pitfall is people not thinking long term with their SS investment. A lot of people today want instant success and wealth when they invest. 99.9% of the time, this will not happen.

JSE