Your 15%? The government already spent it, and needs to rip off your children and grandchildren to pay you anything. Sorry. It's for the children, don't you know . . .
You're so right. Putting your money 70% in Treasuries and 30% in stocks would triple your return as compared to Soc(ialist) Security and you'd have a chunk of change to leave your heirs when you die.
When the government gets involved to protect me, I see them reaching into my wallet. If they protect us anymore, we'll be eating Soylent Green when we retire.
SS puts 100% in treasuries. How do you figure putting 30% in stocks triples your return. In fact, if you are looking forward, you can't say for sure which of these two strategies produces the best return over 5, 10, 15, etc. years.
If a bank trust department operated that way, the bank would be closed and all the officers would be hauled off to jail. But Congress does it every year, and them the (Honorable) Members of Congress lie their heads off about it.
The madness has to stop. And we will know it's over when even the New York Times is forced to tell the truth about the non-existent "Trust Fund." Now, there's a tough goal to set.
Please check the second link below. I think you'll like what you find.
Congressman Billybob