From: Jeff Shultz 

On Mon, 13 Dec 2004 20:55:04 -0500, Geo wrote:

> "Jeff Shultz"  wrote in message
> news:pan.2004.12.13.15.12.24.60949{at}shultzinfosystems.com...
>> On Mon, 13 Dec 2004 07:15:30 -0500, Robert Comer wrote:
>>
>> > What about us that it's further out (20-30 years), but not further out
>> > enough to have the social security private account get funded
>> > enough...
>> >
>> > - Bob Comer
>> >
>> >
>> I don't know about your social security benefits, but if you don't have
>> some private retirement account set up by this point you are
>> irresponsibly screwing yourself.
>>
>> And I don't believe it's the government's responsibility to protect you
>> from the fruits of your irresponsibility.
>>
>> SS was designed aa retirement augmentation, not a full-blown pension.
>
> So is it wrong to count on getting something for all the money you invest
> in SS?


Count on? I don't even count on waking up in the morning.

> SS is sort of like college tuition, everyone tells you that you need to
> save for your kids college but if you do then what happens is the college
> charges you more for tuition, you gain nothing unless you are so well off
> that the cost is trivial anyway. Well SS is sort of like that, the better
> off you are earning wise at retirement the less return you get on your SS
> contribution.
>
Really? I thought SS depended on age at retirement when it came to figuring benefits.

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