Todd Walton wrote:
On 7/9/05, Andrew Lentvorski <[EMAIL PROTECTED]> wrote:
Thinking that your pension is safe in this day is naive. I vastly
prefer 401Ks simply for that reason. Once the company dumps the money
in there, it's *yours*.
Kind of like Social Security. I'm glad I'll get a Social Security
paycheck when I retire forty years from now.
Are you being facetious or serious? It's hard to tell.
If you are being serious, a 401K is *nothing* like Social Security.
I pay Social Security in order to pay for the Social Security for the
older generation in my family.
I do not expect it to be there for me. That's the primary reason why I
*oppose* Social Security accounts. I do not want them able to play
games with the Social Security of my parents.
For myself, I'd rather they tackle the whole healthcare mess. Control
my healthcare costs and I can put the saved money in my own IRA or 401K,
thank you very much.
-a
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