[dude1394]

It is funny that the NAACP is coming out against personal accounts. It's a way for poorer people to actually accrue some real assetts instead of being beholden to the government. Well maybe it isn't so surprising since the NAACP was against welfare reform as well.

I thought I read that it was something like white women, black women, white men, black men get less beneftis in decreasing order. I'm not sure about the black women, white men positions.

If you look at most funds they are going to something called lifestyle funds. You determine when you are going to retire, as you get closer to retirement, more and more of your funds are invested in bonds, cash and not stocks. So even if a recession did hit your moneys would already be out of the stock market.

I would be surprised if you would be allowed to opt "back" into the social security system, you could however opt into a 100% safe cash fund until for example.