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Why would it have been a revolting development? Do you think all that money was going to be placed in a few companies that went under? To me a revolting development is putting my money into a plan that even the SS administration says is going broke? Given the choice of investing my own money or giving it to the government to invest I'd chose me. That way I could dollar coast average into the market over 40 years and average 10% and retire at 60 with a million dollars instead of having to wait until age 70 to start collecting a few thousand a month.
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