Quote:
Originally Posted by MTK
The big question is how do you protect the trust fund in the event the market tanks?
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You don't. If I elect to put my portion in the stock market, my portion tanks. If you elected to keep yours safe and sound in bonds and money markets, yours doesn't tank.
Or, as added protection, you could put rules into it: if you're 57 or older then you must be in t bills, no equities allowed, something like that. To keep the masses from financially killing themselves in a bad market.
If you're younger than 57 and the market tanks, you have plenty of time to recover before you're 67.