[Riot]

Riot this may be your worst post yet. When did I say "in the next couple of years" when i clearly wrote 2036 in my post. it is you that is mistaken.

I was referring to where you said it was only good for the people that were going to get it in the next couple of years. Not the 2036 part at all.

and yes.. right there in the LETTER THAT SS SENDS YOU EVERY YEAR it said that funds will be low by 2036 and that I would be getting $700 per month instead of $1000 per month. So stop lying already Riot.

Lying? What am I lying about? That's a silly thing to say.

Like everyone else I get letters from social security, too. It's an estimate. Based upon today, what you have contributed to date, based upon current rates of disbursement Yes, funding going forward is obviously anticipated to change, but that amount of change, and the amount you are estimated to be getting will only remain accurate as relayed today if nothing at all is done to change anything current. That's highly doubtful.

You think $700 will do ANYTHING for me in 2055???? Consider inflation and that $700 I'll get when I'm old will be like getting $350 per month to live off in todays age.

But in 2055 it will be darn better to have that, than have nothing - right?

And what do you think people get from Social Security today? Social Security isn't a retirement plan anybody is supposed to depend upon for good retirement income. It's a fail safe, a safety net from zero, is all.

And I do know I wont have social security to live on. unless i want to live in a daggone cardboard box. And no I dont save 10% of my gross income. I dont make enough to do that. I work in insurance, I'm not a vet or anything.

Income doesn't matter. I'm dead serious, it doesn't. I know people that make tons of money and have nothing. It doesn't matter how much money one makes, it matters how much one keeps.

Yes, even if one makes minimum wage, one can figure out how to save 10% of their gross income. If not 10%, then start with 5%. The younger you are, the easier it is, the less you have to put away a week, the more you have time and compound interest on your side to make you financially comfortable and independent.

I'll bet you can find $1 a day not to spend, right? Maybe $10 a week? You'd be shocked how much money that adds up to, over 30 years, with compounded interest. That's your retirement. Do it!