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Are the Younger Generation 30 and under prepared to give up Social Security benefits and save on our own?
10-14-2012, 08:11 AM
Post: #17
flower Offline
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Well that is commendable that you have all those assets. You may need them if you lose your job, your house, your health, your marriage, your spouse.

It will take an Act of Congress to eliminate Social Security and it cannot work because those who are contributing now are paying for people who are getting benefits now, and many more groups than just retired people. Your employer matches your contributions and that would have to be changed too.

When I started working there were no CDs, 401Ks, IRAs, and no investment vehicles for an individual so I never had any of those. I had to stop working and live on Social Security only. You are very clever to have all those assets.
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Messages In This Thread
[] - ArizonaRocks - 10-14-2012, 08:11 AM
[] - freedomsitizen - 10-14-2012, 08:11 AM
[] - melodiccannon385 - 10-14-2012, 08:11 AM
[] - Duke Powerhand - 10-14-2012, 08:11 AM
[] - gfe r - 10-14-2012, 08:11 AM
[] - John H.. - 10-14-2012, 08:11 AM
[] - Annoyingshoe981 - 10-14-2012, 08:11 AM
[] - Racist Liberal - 10-14-2012, 08:11 AM
[] - obedienttree058 - 10-14-2012, 08:11 AM
[] - Bill - 10-14-2012, 08:11 AM
[] - Rocky Mtn High - 10-14-2012, 08:11 AM
[] - Mr NiceGuy^3 - 10-14-2012, 08:11 AM
[] - Kiran C - 10-14-2012, 08:11 AM
[] - oohhbother - 10-14-2012, 08:11 AM
[] - Rico - 10-14-2012, 08:11 AM
[] - Flower - 10-14-2012 08:11 AM

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