Social Security

[aphar]

A trivial solution:

• Make the age when the Social Security benefits start depend on the current demographic situation, e.g., the oldest 10% of the population get the benefits.


• The specific age when this happens should be computed annually by the BLS.


• For women, the age should be augmented by the number of their children (i.e., a mother of 3 starts to receive Social Security benefits 3 years earlier than a childless woman born the same year) [ouch! sexism!]

Comments

[aphar.livejournal.com]

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.