On Sun, 24 Apr 2005 19:42:51 -0400, JDG wrote > And that's an important point, retirement should be planned-for > today by choosing to forego a certain amount of consumption and > investing that capital to build a stockpile for funding one's > retirement annuity. The current system of just hoping that future > generations will vote for the government to make payments to you in > your retirement seems like a substantially inferior system.
"Just" hoping? All my life I've been taught that the United States is a nation built on hope. I believe that it is entirely reasonable for people to hope that if they become disabled, elderly or otherwise unable to continue to earn enough to support themselves, our nation, like any good family, will care for them. It doesn't seem the least bit unreasonable to hope that we will not abandon our mothers and father, aunts, uncles, sisters, brothers, etc. If it has become unreasonable to hope that we will still care for the neediest people of our country in 10, 20 or 50 years, then how can any *financial* plan offer security? Nick _______________________________________________ http://www.mccmedia.com/mailman/listinfo/brin-l
