How Much Is Social Security Worth? – The Wall Street Journal 10-19-12

Salient to Investors:

The social security system will be still be able to pay at least 70% of benefits in coming decades, even if no action is taken.

John Bogle at Vanguard says Social Security should be considered as part of a bond allocation, meaning a person could allocate a greater portion of his retirement portfolio to stocks. Ditto traditional pensions.

Read the full article at http://online.wsj.com/article_email/SB10000872396390444592704578064422164043676-lMyQjAxMTAyMDIwMjAyODI3Wj.html?mod=wsj_valetleft_email