The argument is that even with demographic swings in the market you will still do better than Social Security's 2.2% return. statistically across all ages, maybe. note that this is no longer statistics. a major part of retirees - baby boomers - are certain to lose money in this scheme because when all of them retire at once and take the money out of the market, the stocks will plummet.
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timeasmymeasure
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Date: 2005-02-18 02:33 pm (UTC)statistically across all ages, maybe.
note that this is no longer statistics.
a major part of retirees - baby boomers - are certain to lose money in this scheme because when all of them retire at once and take the money out of the market, the stocks will plummet.