Skip to main content
No. of Recommendations: 2
For about as long as I've been investing for retirement, I've done so with the expectation that Social Security would collapse before I'd see a dime back. These days, I'm very glad I've been doing so, since the program appears to be falling apart even faster than I thought it would.

Social Security has been on less than solid footing for at least as long as I've been working. And even among my family members old enough to have been alive when Social Security was signed into law, those in my family who depend on it today feel betrayed by how little it provides vs. what they thought they'd be getting.

Part of that is my family members' own doing for treating it as their only or primary retirement plan. Part of it is the fact that the inflation adjustment has not kept up with their costs of even modest living. And part of it seems to be generational -- some of the early beneficiaries really did get a sweetheart deal from Social Security, due in large part to the shorter life expectencies back then....

Inside Value Home Fool
Print the post  


The Retirement Investing Board
This is the board for all discussions related to Investing for and during retirement. To keep the board relevant and Foolish to everyone, please avoid making any posts pertaining to political partisanship. Fool on and Retire on!
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.