"Retirement expense" over "SS income" - Page 3

Zathras · 10-30-2006, 05:46 PM

Sam, I picked 'none' as I don't believe SS is sustainable for 30 years (that would put me just shy of 70).
In my opiniion, SS will either be privatized or the benifits will be watered down to very very little, or in the worst case, it will be liquidated.
So I don't plan on SS contributing anything. If I am wrong I will get a little bonus

Sam · 10-30-2006, 05:59 PM

I understand your concern. But I don't see it that way. I'm confident that SS will be there for me as promised. I think the worst case (in my lifetime) is that benefit would be marginally reduced (no more than 10%).

But it's ok, if you're wrong, you'd wrong on the good side.

View Poll Results: My retirement expense is xxx% of my SS income.
100%	1	1.59%
101 - 125%	4	6.35%
126 - 150%	3	4.76%
151 - 200%	4	6.35%
201 - 250%	7	11.11%
251 - 300%	13	20.63%
More than 301%	25	39.68%
No SS for me (infinity)	6	9.52%
Voters: 63. You may not vote on this poll

10-30-2006, 05:46 PM	#41
Zathras Full time employment: Posting here. Join Date: Jun 2006 Posts: 625	Re: "Retirement expense" over "SS income" Sam, I picked 'none' as I don't believe SS is sustainable for 30 years (that would put me just shy of 70). In my opiniion, SS will either be privatized or the benifits will be watered down to very very little, or in the worst case, it will be liquidated. So I don't plan on SS contributing anything. If I am wrong I will get a little bonus __________________ "We do not inherit the earth from our ancestors, we borrow it from our children. (Ancient Indian Proverb)"

10-30-2006, 05:59 PM	#42
Sam Thinks s/he gets paid by the post Join Date: Mar 2006 Posts: 1,743	Re: "Retirement expense" over "SS income" I understand your concern. But I don't see it that way. I'm confident that SS will be there for me as promised. I think the worst case (in my lifetime) is that benefit would be marginally reduced (no more than 10%). But it's ok, if you're wrong, you'd wrong on the good side.

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