Good point, Don, and well taken.

If you can afford to hold on to those mutual funds, and if they have a good ten year record of earnings, you may still come out ok. I hope so.

As I said, though, if I were young and just starting out on a career, I wouldn't hesitate a minute to invest two or three percent of my SS money in conservative mutual funds. Unfortunately, one cannot always control when bad times are going to roll around, and the market does have it's ups and downs. Over the long haul, though, I would still favor what the Commission that studied SS recommended, again, were I young.

DougR