Do you think private insurance companies will be willing to take on the risk of privatizing Social Security?

Question

Do you think private insurance companies will be willing to take on the risk of privatizing Social Security?

Answer 1

You can not buy an inflation adjusted annuity, which is what social security is, If they would be willing they would, because there is already a demand by people who want a risk free way to supplement their retirement income. Plans that privatize SS expect you to bare the inflation risk.