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students for saving hans riemer
September 02nd 10:47:56 AM
hmmm..., let's do a little experiment.
how much could hans riemer - mouthpiece for 'rock the vote' who opposes voluntary personal accounts - benefit from having a p.a. of his very own?
assuming mr. riemer is in the age range of 25-29, unmarried, and earning roughly $30,000-$34,999, his monthly benefit from the present system (the benefit that social security is actually able to pay) would be $1,814.
but, with a personal retirement account, mr. riemer would be able to own and control his own savings and have a monthly benefit of $2,197 while still accruing his very own nest egg of $45,783 that he could leave to his loved ones.
the numbers speak for themselves. only personal accounts give us better benefits, the opportunity to pass along savings to our families, and only voluntary personal retirement accounts provide us the fundamental right to own and protect our own money from being spent by congress.
each and every demographic (including upper-class yes-men who lay prostrate to the corporate rock the vote & aarp machines) has everything to gain from choosing to participate in voluntary personal accounts and absolutely nothing to lose. on the flipside, without a personal account, 'absolutely nothing' may be all you're left with at retirement.
calculator
Posted by Ursula Williams
Comments
Hans Reimer is a partisan hack who deserves to live with the policies he advocates.
Posted by Adam Cahn on September 02nd 12:42:00 PM
Are you kidding? We have lots to lose, namely any vestige of corporate independence. Like we don't have enough central planning of our industry for things like agriculture and whatnot, that we need the feds to control the voting rights for every public corporation? No thank you. We'd be far better off with just letting SS go bankrupt. No one younger than 50 is planning on getting anything out of it anyway, and then we'd never have to deal with it again
Posted by Noid on September 03rd 02:54:30 AM
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