Monday, July 20, 2009

An Interesting Perspective On Retirement and Social Security

Retirement during the collapse. Can't say that I am certain this is how things will play out but it is as likely as anything else I have heard. That both younguns who are paying in and old folks who are looking to collect 'benefits' are going to get shafted is probably realistic. The combination of information, a unique view on history, some anecdotal personal experiences and a few good laughs is prime Dakin. Good to read over a cold beer if you check this in the pm or a nice cup of coffee if you're an am reader.

4 comments:

Anonymous said...

If you're under 40, you'll never see a dime of social security. In the mean time, enjoy continuing to pay for it, though.

Forget about ever retiring, as well. It was a short-lived and unsustainable notion that has outlived itself. You & I will work (in some capacity) until they take us out feet first.

Now get back to work.

Snoop-Diggity-DANG-Dawg

The Hermit said...

I better get mine. I have been paying into it for 39 years and I damn sure better get my money back.

Anonymous said...

Hermit, I don't resent my elders getting theirs, but I do resent the government forcing me to participate in an unsustainable program.

Even the most liberal estimate states that Social Security becomes insolvent in 2037.

Just in time for me to NOT retire at age 67. Thanks for NOTHING, FDR.

Snoop-Diggity-DANG-Dawg

Anonymous said...

Hermit, I hope you get all you put in back. Problem is people get a little more back than they put in.




Earl