Editorial: Oregon retirement task for...

Editorial: Oregon retirement task force faces lottery-size odds

There are 1 comment on the OregonLive.com story from Mar 17, 2014, titled Editorial: Oregon retirement task force faces lottery-size odds. In it, OregonLive.com reports that:

When the Joint Interim Task Force on Retirement Savings meets for the first time Tuesday, it needs to keep in mind what the state does and doesn't do well.

Join the discussion below, or Read more at OregonLive.com.

MIchael

Portland, OR

#1 Mar 17, 2014
I think it's worth reminding folks that Social Security is insurance, not investment. You pay your dues in the form of FICA tax. Your benefit depends on how much you paid in and how long you live. Instead of investing for gain it is protection against the risk outliving your resources. The biggest benefit is that it is backed by the US Government, not a sometimes up / sometimes down investment house in a volatile market.

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