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Are the Younger Generation 30 and under prepared to give up Social Security benefits and save on our own? - Printable Version

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Are the Younger Generation 30 and under prepared to give up Social Security benefits and save on our own? - Dreadlock Rasta - 10-14-2012 08:03 AM

I doubt there will be Social Security for me, so I am already heavily invested in savings, 401k's, Roth, and trading on the stock market. How about everyone else. Are you prepared to give up Social Security benefits?


- ArizonaRocks - 10-14-2012 08:11 AM

I am fifty four and more then ready to. And I have paid plenty into it. So what let it die.


- obedienttree058 - 10-14-2012 08:11 AM

I am fully aware it is a ponzi scheme and I expect no benefits. So yes I am planning accordingly.


- Racist Liberal - 10-14-2012 08:11 AM

Yes I am. Social Security is going bankrupt and already running in the red


- BILL - 10-14-2012 08:11 AM

There will always be social security as long as there is a United States. But the inflation adjusted value of it may decrease, and it is certainly a good idea to have other retirement investments.


- Annoyingshoe981 - 10-14-2012 08:11 AM

As long as I can stop paying into it I'm fine with giving it up. I'm going to try an be prepared either way.


- John H.. - 10-14-2012 08:11 AM

Hell yes!

S.S. is nothing but a scam anyways.


- Rocky Mtn High - 10-14-2012 08:11 AM

I'm 46 and convinced I won't see a dime from SS. Our government has swindled all of us that have paid into SS by spending the SS funds and is swindling several future generations with all the borrowing.

You young people better prepare and stop frivolous spending, it will get uglier.


- gfe r - 10-14-2012 08:11 AM

Yes. 22, saving,stocks,roth ira.


- Rico - 10-14-2012 08:11 AM

No. It is not meant to be a pension or retirement, it's a safety net for older people. A country as rich as the United States needs to try harder to make sure that safety net exists for everyone.