3 ms·
What annoys me the most about this is I'm like 80% sure none of those programs will exist by the time I retire.
by yoyohello13 8mo ago
What annoys me the most about this is I'm like 80% sure none of those programs will exist by the time I retire.
- lotsofpulp 8mo agoThe programs will exist, the purchasing power (or quantity/quality of the benefits) will not.
- supertrope 8mo agohttps://www.whitecoatinvestor.com/social-security-is-not-going-away/ https://www.whitecoatinvestor.com/social-security-is-not-goi...
- yoyohello13 8mo agoThis article basically says “yeah social security is not solvent and we probably won’t have a solution any time soon, and if we do have a solution it will be bad, but just don’t worry about it bro.”
- supertrope 8mo agoI came to a different conclusion. That you should expect a 25% haircut through a combination of benefit cuts, tax increases, and not keeping up with inflation. That's bad, but Social Security is not going to entirely implode.
- yoyohello13 8mo agoThat’s the recommendation in the conclusion, and probably the advice I’ll follow because I don’t really have a better idea. Need to strike a balance between optimism and pessimism.