Security Blanket: How Social Security Can Save Us AllQuicklink submitted by Margaret Bassett Permalink
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|But the elderly tend to live off their assets. These include homes, already down by nearly 30 percent nationally and much more in certain parts of the country. They include corporate stocks, often in 401(k) accounts, down by 50 percent or so, so far. They include cash and bonds, which earn the interest rate-enough said. And there's not much else. A sharp decline in any one of these would be a problem; the simultaneous crash|
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