Most of the country would take that money
Posted on: April 26, 2017 at 08:53:13 CT
Rabbit Test MU
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and spend it on hot wings and monster truck tickets.
And then have zero income in their old age.
You willing to let unintelligent people just die in the streets at that point?
I would prefer that the government stay the hell out of my retirement management and let real actuaries and professional managers do that using conservative planning.
Go look at how well managed the Missouri Teachers Retirement program is. Private pension that does a very nice job of factoring in cost of living, and other issues into their projections.