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Old 11-10-2011, 12:39 PM
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Mary Pat Campbell
Join Date: Nov 2003
Location: NY
Studying for duolingo and coursera
Favorite beer: Murphy's Irish Stout
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Originally Posted by MountainHawk View Post
I'm 35 (today!) and am counting on SS to fund 0% of my retirement, as are many other my age.

As the trouble is hitting right now, and there are going to be some benefit cuts to Boomers, because they're living too long and had too few kids. If there are not enough taxpayers to pay for all the goodies, and there isn't enough capital elsewhere willing to pay for the goodies, then goodies are going to be cut.

I think it's going to morph from "social insurance" to an outright welfare program for seniors.

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