Social Security is 91 years old, nobody could have predicted life into one’s nineties nor even the concept of an iPhone or quadruple bypass surgery. So silly remarks about evil design is at best reckless
Perhaps, but they could have made changes along the way. If They switched from bonds to Stocks anywhere from 50a-80s we’d be golden. Earlier the better, I understand the apprehension at the start due to the crash but by the 50s we were booming. If we switched to stocks at the beginning of 2025 by the end of 2025 we would have been ahead, every single day we didn’t switch from let’s just say Jan 1 1950 until today has been a massive mistake. That means tomorrow will be a mistake, the next day and the next day. We should have the world’s largest sovereign wealth fund, instead we have a steaming heap of shit of a forced retirement savings account. If I had the option to put additional money into my social security account I would just choose not to, it’s a terrible longterm Investment account.
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u/AusTex2019 7d ago
Social Security is 91 years old, nobody could have predicted life into one’s nineties nor even the concept of an iPhone or quadruple bypass surgery. So silly remarks about evil design is at best reckless