Quote:
Originally posted by Mmmm, Burger (C.J.)
market timing never works. But, even on a quick gov't schedule it wouldn't have started until the most recent bottom of the market in 2001.
But are you saying that you think that each dollar you pay in SS taxes will actually give you a better return in 2040 (or whenever you retire) than each dollar you put in the market today?
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Persons investing in the equities market experience
on average steady growth in the value of their investments. Like that chart showing a dollar invested in 1900 yadda yadda --- in the extreme long view, it's a long uphill climb. But that doesn't mean growth is seen within every 10 year span. The problem is, there are downturns on the micro scale, and it's not so much a matter of "is there more money in 2040" as it's a matter of "pretty sad about all the folks who retired between 2018 and 2022, isn't it?" If all the folks reaching retirement age in a particular year see the last 10 years of their retirement savings wiped out, that's pretty disruptive. A lot of downside against the upside.
