1) By the time you retire, social security will not be available to anyone who has worked and saved his money.Oh horsefeathers. About half of social security recipients would be destitute without that monthly check. That means that the other half have "saved." If you think Congress is going to simply chop out the benefits for half of senior citizens - and get away with it - you're smoking something.At the very most they will means test on a sliding scale, and people who have paid in will get something. Worst case, as I have read, is that if nothing at all were done, Social Security would still pay out 80% of current benefits to everyone. That seems far more likely that "will not be available to anyone who has worked and saved.
Best Of |