No. of Recommendations: 3
Again, looking at the insane scribblings of people with nothing better to do than yell at clouds, I shake my head.
-Diversify your assets
-Have stuff that's a great guaranteed income floor to hedge for risk
-Keep some assets in risk-bearing classes that net bigger returns
Then if Social Security is still there...spend it. I know *I've* earned it.
20 years ago on the Fool I would have made a deal with the libs on them keeping some of what I contributed and me exiting the 'defined benefit' side of Social Security in exchange for more of a 'defined contribution' model under my control. They declined.
Oh, well. They can pay me what I'm owed in a few years :).
