Tuesday, November 22, 2005
In this podcast, I talk about the insurance aspect of Social Security and what that really means for program participants.
“...Too often, people look at Social Security as a retirement program and try to analyze the investment returns. But it's an insurance program. You know, it says that no matter what else happens, when you retire you'll receive a basic benefit that will help keep you out of poverty. It's a safety net. So it's not glamorous, but that's what it is...”
Podcast: 11/22/2005 - The Best Laid Plans (MP3 - 9.9 MB) | Listen Now!
Question: Does Social Security provide any sort of investment return at all?
