Join Early Retirement Today
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

Thread Tools Search this Thread Display Modes
Re: "Retirement expense" over "SS income"
Old 10-30-2006, 04:46 PM   #41
Thinks s/he gets paid by the post
Join Date: Jun 2006
Posts: 1,684
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)"
Zathras is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Re: "Retirement expense" over "SS income"
Old 10-30-2006, 04:59 PM   #42
Thinks s/he gets paid by the post
Join Date: Mar 2006
Location: Houston
Posts: 2,155
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.


Sam is offline   Reply With Quote

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

Similar Threads
Thread Thread Starter Forum Replies Last Post
Scott Burns on "retirement income realities" Nords Life after FIRE 17 05-01-2007 10:17 AM
"Retirement Crisis"? What retirement crisis? Nords FIRE and Money 8 01-16-2007 12:41 PM
Finally, an end to the "80% of pre-retirement income" thumbrule Nords FIRE and Money 15 10-02-2006 12:20 PM
Does anybody know about "Supplemental retirement income" education FIRE and Money 3 08-23-2006 12:53 PM
Meaning of "Fixed Income" TromboneAl FIRE and Money 4 11-01-2005 10:16 AM


All times are GMT -6. The time now is 09:50 PM.
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2018, vBulletin Solutions, Inc.