“Social Security is an insurance policy. It's a terrible investment vehicle. Social Security has some great benefits. But it was never meant to be a savings plan. So we need to have a national debate. Should this 12.5 percent that we're contributing all go into a Social Security pool, or should half go into a mandatory savings plan?”

Share & Save

Meaning

Not documented yet.

When It Was Said

Not documented yet.

Who It Was Said To

Not documented yet.

Historical Context

Not documented yet.

Source

Not documented yet.

Original Language & Translation

Originally said in English.

Did They Really Say It?

Not documented yet.

Did You Know?

Not documented yet.

About Laurence D. Fink

Laurence D. Fink is quoted here; further biographical details are not publicly available.

More from Laurence D. Fink (9 quotes) →
"Social Security is an insurance policy. It's a terrible investment ve…" — Laurence D. Fink | Daily Quotes