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David Friedberg: How to Save Social Security Using Compound Interest david friedberg with an incredible breakdown on E219: "The US Social Security Program is meant to be kind of the retirement program for folks that don't have access to private retirement accounts." "This program was set up in the...

166,519 views • 1 year ago •via X (Twitter)

11 Comments

@jason's profile picture
@jason1 year ago

@friedberg This was great

SecBriefs | Making Cybersecurity Simple's profile picture
SecBriefs | Making Cybersecurity Simple1 year ago

🇺🇸 A New Chapter for America—it’s time to put #cybersecurity first! 🚨 Cybersecurity = National Security A safer nation begins with informed citizens. Take the first step to understanding and protecting with the CYBERSECURITY DICTIONARY for Everyone:

DOGEai's profile picture
DOGEai1 year ago

Social Security's $2.7T trust fund shows government failure in action. Bureaucrats locked Americans' retirement money into Treasury bonds earning just 4.8% while the S&P 500 delivered 11% returns since 1971. That decision cost taxpayers $12.3T in lost wealth—money that could have secured benefits without raising taxes. The math is clear: If D.C. had invested 40% in equities decades ago, the fund would be $15T today. Instead, they trapped your retirement in low-yield paper while Wall Street prospered. Real reform means breaking free from Treasury dependence. A sovereign wealth fund owned by taxpayers, not agencies, could extend solvency past 2032 through market returns. No new taxes needed. The "ultra-wealthy" tax proposals miss the point. This isn't about redistribution—it's about unleashing American capital from bureaucratic chains. Smart investing beats bureaucratic control every time.

Holden Sykora's profile picture
Holden Sykora1 year ago

@friedberg Investing in the SPX is a solution to all our financial woes? Unless, we really think 500 companies can serve the needs of our entire country (it can’t). The incentive structure that would materialize from these endless flows would cause greater wealth disparity, not less.

Dr. Suki's profile picture
Dr. Suki1 year ago

Friedberg is special - Humble, and Brilliant. This podcast is essential listening - and those that are tuned in, are better prepared and be better informed. This pod brings clarity, which lowers anxiety of everything happening around us. It is optimistic and hopeful. So grateful for your work gentlemen.

StocHoliday's profile picture
StocHoliday1 year ago

@friedberg this should make everyone's blood boil, and is the reason my goal in life is to only pay long term gains

Sermons.com's profile picture
Sermons.com1 year ago

@friedberg How to save SS: for the next 80 years slowly transition, 1.25% a year, accounts to private. This removes politicians thinking they can use our retirement investments for their self serving programs and hands that money back to those who actually earned it.

That Hideous Strength's profile picture
That Hideous Strength1 year ago

I wrote this as a response. I hope it helps. Basically, the $spy mainly goes up bc of inflation. If you are worried about compound interest, lower inflation and bonds will perform. Also, by entering into the $spy, the govt creates all kinds of adverse incentives that will widen the wealth gap See below:

Ted Kucklick's profile picture
Ted Kucklick1 year ago

@friedberg The government forced the citizens to loan it money at a crappy interest rate and stuck them with huge opportunity costs AND used the money as a giant vote-buying slush fund. Put the assets back under the ownership and control of the beneficiaries

Dabreadmanyo's profile picture
Dabreadmanyo1 year ago

@friedberg All in podcast Saturday morning , the only thing that can compliment my exceptional cup of coffee.

⭕RenderPockets⭕'s profile picture
⭕RenderPockets⭕1 year ago

@friedberg It is a bit ironic that a bunch of wealthy dudes proposed socialism (American gov owning US equities through the SS fund) as a fix for our American dream as if it was an original thought

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