Study: 401(k) Retirement Plans Failing Most Workers

CBS MoneyWatch ^ | Sep 6, 2013 | Constantine von Hoffman

[dfwgator]

Yes, some would but I would bet that those in the lower classes would not invest that SS money; they would spend it.

Go to any casino at the end of the month and you will know that's true.

[eyedigress]

I agree with you on this. Thankfully I am mostly a bull in the market. 99% high growth pulling in over 24 points average over the last 4 years.

[expat_panama]

bet that those in the lower classes would not invest that SS money; they would spend it.

Go to any casino at the end of the month and you will know that's true.

We need to first decide who's in charge of running a person's life, is it the person or the state?  I say people run their own lives, and I say most people do a better job than the power hungry thugs at Central Command can (see post #50).   When there's a rare case where someone lacks the capacity to feed himself, then that's a situation where the state steps in and forces the invalid into protective custody. 

That kind of situation has to be the exception, but America's become a place where Obamacare and Social Security is forced on everyone by the StateControl thugs.

[SoFloFreeper]

Hey, look, a new excuse for the Clown to stop you from investing your money the way you see fit.

Got fascism?

[Sir Napsalot]

Pelosi et al. will need to take over all your 401’s IRA, etc to see what’s in it.

And that is no joke, no empty threat, either.