Want social benefits? Fund them. The secret of paying for benefit programs is to control costs and set aside regular, mathematically sufficient, designated contributions from present income for future payouts. If you cannot meet the funding requirements, the benefit promises have to be lowered. This issue is that simple. Here is a direct link.
Cory's Chart Corner
Got it! Markets only "accidentally" break on down days b/c "whoever" was running around w/ their hair on fire & tripped on the plug. Soon? 3 days ago
“An explosive critique about the investment industry: provocative and well worth reading.”
“Juggling Dynamite, #1 pick for best new books about money and markets.”
“Park manages to not only explain finances well for the average person, she also manages to entertain and educate, while cutting through the clutter of information she knows every investor faces.”