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Message
re: This Is What Life Without Retirement Savings Looks Like
Posted on 2/22/18 at 10:27 pm to YoungManOldMan
Posted on 2/22/18 at 10:27 pm to YoungManOldMan
quote:
If Social Security went bankrupt this country would eat itself. These people can’t provide for themselves
It will or at least have the retirement age changed to 75 or something like that. It's an unsustainable Ponzi scheme and will collapse in flames like most government programs
2
Posted on 2/22/18 at 10:37 pm to fallguy_1978
quote:
It will or at least have the retirement age changed to 75 or something like that. It's an unsustainable Ponzi scheme and will collapse in flames like most government programs
Again, I’ll be long dead. We don’t include SS in retirement projections. I expect like 30% of earners to actually collect on it in the future.
Posted on 2/22/18 at 10:38 pm to fallguy_1978
By 2030, the worker to beneficiary ratio will be down to 2.
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