[A. Pole]

I agree there is no guarantee, but I'd rather bet on the market than on the government. If my wife's and my own SS contributions had been invested in the S & P 500 over the last 15 years, I'd have enough money now even with the recent market drop to more than pay for an annuity to give me double or triple my expected SS check in 2032.

You cannot separate government/political system from the market. The stable/productive market is a product of stable and rational system of government. And we do not know what will be in 2032 - extrapolations rarely work in the historical process over long periods.

[Toddsterpatriot]

You cannot separate government/political system from the market. The stable/productive market is a product of stable and rational system of government. And we do not know what will be in 2032 - extrapolations rarely work in the historical process over long periods.

Ok, no guarantees. I can still spend my privately invested money better than the government. If we can shrink government by, for instance, not allowing them to waste my Soc Sec contributions, we won't have such a large drain on GDP in 2032.

Still, no guarantees but taxes and dying.