Relay-Version: version B 2.10 5/3/83; site utzoo.UUCP Posting-Version: version B 2.10.1 exptools 1/6/84; site ihuxe.UUCP Path: utzoo!watmath!clyde!burl!ulysses!mhuxr!ihnp4!ihuxe!rainbow From: rainbow@ihuxe.UUCP Newsgroups: net.flame Subject: RE:Social Security Message-ID: <1027@ihuxe.UUCP> Date: Thu, 10-Jan-85 12:45:09 EST Article-I.D.: ihuxe.1027 Posted: Thu Jan 10 12:45:09 1985 Date-Received: Sat, 12-Jan-85 00:50:20 EST Sender: rainbow@ihuxe.UUCP Organization: AT&T Bell Labs, Naperville, IL Lines: 12 Newsgroups: net.flame Subject: Re: Social Security >It (replacing Social Security with IRA's or their ilk) sounds good BUT: >what of the guy who waits till he's 59.5, takes all the money out of >his IRA account, and losses it it (spends it/ gambles it, etc.). >Now he's old, and broke. Does society support him, or let him starve?? Its off to the poor farm for him as all losers of the game of life end up. Robert