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Do-It-Yourself Retirement Versus The Plan That Guarantees Your Income For Years

Saturday, August 17, 2013 - 6:42 PM
A new idea in California could wrest retirement away from the financial industry and guarantee income for generations at risk.

Do-it-yourself retirement v the plan that guarantees your income for years | Money | theguardian.com
3
ShorebreakShorebreak2,613 posts since
Apr 6, 2010
Rep Points: 14,167
1. Saturday, August 17, 2013 - 7:47 PM
"Beginning later this fall, the commission will need to raise the estimated $500,000 to $1m in private funds to complete a study of the initiative's viability."

A nasty start; $1M of red tape??

This is the problem, do you really trust those Government crooks with your hard-earned money (even if it is only 3% of your salary)??
1
51hh51hh1,476 posts since
Jan 16, 2010
Rep Points: 6,426
2. Sunday, August 18, 2013 - 6:07 AM
Re: 51hh @ 1. Saturday, August 17, 2013 - 7:47 PM

"This is the problem, do you really trust those Government crooks with your hard-earned money (even if it is only 3% of your salary)??"

How are they doing managing that Social Security Trust Fund on the federal level?
1
ShorebreakShorebreak2,613 posts since
Apr 6, 2010
Rep Points: 14,167
3. Sunday, August 18, 2013 - 6:18 AM
Re: 51hh @ 1. Saturday, August 17, 2013 - 7:47 PM

"This is the problem, do you really trust those Government crooks with your hard-earned money (even if it is only 3% of your salary)??"

How are they doing managing that Social Security Trust Fund on the federal level?

Need I say more?:D

2
51hh51hh1,476 posts since
Jan 16, 2010
Rep Points: 6,426
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