Quote:
Originally Posted by oldcodger
Having been a day-napper since leaving the Jerry Moyes circus some years ago, my business/retirement plan is on track. Two more years and that is it as far as full-time steering wheel holding goes.
In planning for retirement, I have hit on something that will supplement my pension, my 401k, and my ss checks....
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if you really think social security will be around for you when you retire, you're kidding yourself. Unless plans change in our government, when the baby boomers start to retire, cash going out will exceed the cash coming into S.S. Meaning it will be operating in the negitive. and this happening within the next few years. By 2016 it will be permenantly operating in the negitive, eventually running out of funds soon after.
So in short, dont bank on getting your social security money you paid in..........that is unless the government changes their spending habbits (i.e. $700 billion for a war in iraq since 2003) or they get china to pay off our social security debt.