From: Jeff Shultz 

On Thu, 03 Feb 2005 16:36:16 -0500, Robert Comer wrote:

>> And the youngsters can go screw when it's their turn and the system is
>> bankrupt?
>
> No, it can be fixed in other ways, and there's already 401K's for
> retirement accounts -- that's one reason I don't like this, it's redundant
> *and* it messes up another income stream already promised.
>
> Youngsters, if they're halfway smart, will go big time 401K and actually
> have quite a decent savings nestegg at retirement.
>
Yep. And I'd rather be putting 18.3% of my income into it instead of the
14.3% that I am now.

I think 4% was a figure bandied about, wasn't it? Either way... I'd like to
stick that extra money in my 401k - or something likely to perform like my
401k - than in the gov't sponsored Ponzi scheme.

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