Vero: Imagine if they put all the social security funds in the stock market. Eddie: Nah. They should put that money in a safer place. Like an abandoned well... Or a working blast furnace.
And what happens if the stock market tanks (probably because a Republican got elected president) just as you’re about to retire? When I was in high school, we got taught about the “three-legged stool” theory of saving for retirement — you’d be supported by your work pension, your own savings and investments, and Social Security. Some people apparently want to go back to the “one-legged stool” plan.
And what happens if the stock market tanks (probably because a Republican got elected president) just as you’re about to retire? When I was in high school, we got taught about the “three-legged stool” theory of saving for retirement — you’d be supported by your work pension, your own savings and investments, and Social Security. Some people apparently want to go back to the “one-legged stool” plan.