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Study
Monthly Benefit Comparison of Returns from Social Security and Capital Markets for a Low-Wage Worker
By
Kent R. Davis
, published on Dec. 24, 1998
Saving Retirement in Michigan
Executive Summary
The Problem: Social Security Is Going Broke
The Solution: Opting Out of Social Security
Opting Out for Individuals: A Solution Already in Progress
Average 401(k) Plan Participation Rates
Monthly Benefit Comparison of Returns from Social Security and Capital Markets for a Low-Wage Worker
Partial Privatization: Moynihan-Kerrey and Other Proposals
Managing the Transition to Private Investment
Opting Out by State: Oregon Proposes Its Own Plan
Opting Out in Texas: Three Counties Leave the Social Security System
Opting Out by Country: Chile Leads the Way
Recommendation: Privatize Social Security or Allow Michigan to Opt Out
Appendix A: Answers to Common Questions about Social Security Privatization
Appendix B: May 1997 Resolution of the Oregon Legislature
Appendix C: Bibliography
Acknowledgements
More by Kent R. Davis
Retirement Planning for Social Security
Signs of Wisdom at UAW
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