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That's true, it's the flexibility to work exactly as much as you want--even if it's zero hours a year. In my own financial calculations, I also assume that I s
by hudibras 14y ago
That's true, it's the flexibility to work exactly as much as you want--even if it's zero hours a year.
In my own financial calculations, I also assume that I start collecting social security benefits when I turn 67. A lot of people consider that naive ("SS is going bankrupt!"), but I don't. So that'll be either a raise for my retirement income or at least a cushion to soften the losses I may have taken in the market in the preceding 25 years.
- marvin 14y agoI'm a big fan of MMM, but I'm also not from the US. From an external point of view, making any assumptions about United States pensions far in the future seems like a bad idea. The United States can barely pay interest on its foreign debt (debt ceiling/fiscal cliff debate), how do you expect it will be able to honor its national debt obligations without resorting to inflation?
- hudibras 14y agoAs you probably know, discussions about Social Security in the U.S. quickly become holy wars so I'll just answer your question without explanation: I trust the Democrats will protect and defend Social Security from the Republicans who want to destroy it.
- marvin 14y agoI'm just saying practically. Where will the money come from? Politics aside, how are you going to be able to afford it at all, without inflation?