Cheryl Isaak wrote:



I suspect you're wrong there. More people are conservative about money than
you think they are. I think we'll see a new type of growth in the banking
industry, interest deferred accounts and other new savings vehicles.

I'm gonna sound lazy here, but my issue with privatising Social Security
is that it makes too much work for the employee. I don't have Social
Security, I have State Retirement. When I was hired, I opted for an
account that I could manage myself. And I simply don't have time. I'm
sure my funds could be better handled, but frankly, there are other
things I would rather do than research my fund options. When I lived in
Ohio, all my retirement money went into a state managed account and,
although that took away my options, it also took away my burden. I'd
rather have a lower guaranteed return with less risk and less
baby-sitting. But that is absolutely an opinion, nothing more.

Elizabeth
--
*~*~*~*~*~*~*~*~*~*~living well is the best revenge~*~*~*~*~*~*~*~*~*
The most important thing one woman can do for another is to illuminate
and expand her sense of actual possibilities. --Adrienne Rich
*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~ *~*~*~*~*~*~*~*~*~*