[jpf]

And since the poor die YOUNGER than the rich your characterization makes even LESS sense than before.

Also, three counties in Texas have had such a plan since 1981 which is plenty long enough to conclude that such a way exists.

They opted out in 1981 and oddly enough have never even felt the need to CONSIDER opting back in.

[liberallarry]

And since the poor die YOUNGER than the rich your characterization makes even LESS sense than before

Neither the poor nor the rich would agree with you. :)

Also, three counties in Texas have had such a plan since 1981 which is plenty long enough to conclude that such a way exists.

There are first world countries which have much longer and wider experience with privatized retirement plans. The evidence for their success is decidely mixed.