On Tue, 18 Jan 2005 19:38:11 -0600, Gruss Gott <[EMAIL PROTECTED]> wrote:
> I realize the mistake I made here: per married couple, 100K by 30ish > (less than 35). I still don't buy it. Not for the majority of people. Median household income in the U.S. is only $45k. Population between age 25-35 is roughly 40mil. Population aged 35-70 is 118mil. My guess is that people under 35 make less than people over 35. So if the median household income is $45k, ages 35 and under are probably significantly on the lower side of that. I know that was the case for me. Don't get me wrong. Saving is great and more people should do it. This whole discussion is reminding me that I need to up my retirement contributions. I just know that I'm lucky to have something to save. As for Social Security, I don't know much about it and I'm not trusting it for my future, but from what I can tell an infusion of private investments are primarily going to make a few rich people richer. They will ride the first wave then shuffle the new money away from the suddenly artificially inflated stocks that will probably collapse as they correct themselves. So the average person still gets screwed either way. My opinion: my money is going out anyway so better for my money to go to the underprivledged than to the exceedingly rich. But hey, whatever. -Kevin ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Discover CFTicket - The leading ColdFusion Help Desk and Trouble Ticket application http://www.houseoffusion.com/banners/view.cfm?bannerid=48 Message: http://www.houseoffusion.com/lists.cfm/link=i:5:143309 Archives: http://www.houseoffusion.com/cf_lists/threads.cfm/5 Subscription: http://www.houseoffusion.com/lists.cfm/link=s:5 Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=89.70.5 Donations & Support: http://www.houseoffusion.com/tiny.cfm/54
