[newbie12]

Yeah, I'd much rather have the 12.4% a year of salary that the US government takes from my paycheck (and from my employer on my behalf). We are already getting cheated on our returns, and the Social Security program is still going off the rails in the next decade. It is going to get much much worse.

[ixacto]

The majority have no fucking idea how to invest their money for retirement, or not to take out 100k of student loans for some no-name private university. Credit card debt is $14.5k/head, student loans will be screwing gen x/y for many years to come. It will be interesting to see how this plays out.

http://www.csmonitor.com/Business/new-economy/2012/0609/Cred...