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<blockquote data-quote="bacha29" data-source="post: 4653394" data-attributes="member: 58386"><p>Retire at 66 and by the time you reach age 70 you will have withdrawn your entire Social Security contribution. Remember when Bush had the big idea if privatizing Social Security? The banks didn't want to have to manage millions of small balance accounts because the management fees they would have to charger would take an unacceptable amount of the principle and those accounts would serve as nothing more than piggy banks people would be drawing from or borrowing against. Then came the Bush Recession and you don't hear a thing these days about the idea.</p></blockquote><p></p>
[QUOTE="bacha29, post: 4653394, member: 58386"] Retire at 66 and by the time you reach age 70 you will have withdrawn your entire Social Security contribution. Remember when Bush had the big idea if privatizing Social Security? The banks didn't want to have to manage millions of small balance accounts because the management fees they would have to charger would take an unacceptable amount of the principle and those accounts would serve as nothing more than piggy banks people would be drawing from or borrowing against. Then came the Bush Recession and you don't hear a thing these days about the idea. [/QUOTE]
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