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I doubt the government ever takes over retirement accounts. However, I do agree with the person that said that those that retire wealthy will lose their social security. It will be like college aid. If you open a 529 account when your kid is born and save monthly your kid will have a bunch of cash and not get financial aid. Those kids whose parents don't save a dime for their college will get all the aid.
I guess the answer is to save but hide the assets so you have the cash and yet still look broke enough to qualify for the aid.
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