Surfin' SSA
October 31st 01:56:10 PM
Financial advisor Russell Bailyn is coming out with a personal finance book this summer titled Surfing the Investment Blogosphere, and he plans to include S4 in his discussion of Social Security. The author offers a preview of the book with "Solving the Social Security Problem in America", which is posted on his blog.
Because he is young, Bailyn provides an interesting perspective on reform. He relates to people our age who don't lose sleep over future benefits, but he also realizes that it is "irresponsible logic" not to care about the future of Social Security. Bailyn gives the debate a pretty fair look, especially in noting the potential solutions to the shortfall. On raising payroll taxes, he writes, "We've been trying this for about 70 years. It just doesn't seem to work."
What will work? We don't want to give it away, but Bailyn does know of something that is "the only solution currently on the table which makes sense." Find out what it is here.
Posted by Ryan Lynch
Comments Hmm, interesting premise for a book. I'll have to check it out.
Posted by Jeremy on October 31st 11:57:23 AM
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