Arnie
Recycles dryer sheets
- Joined
- Dec 1, 2010
- Messages
- 230
Just read that counting on SS is one of the "12 money mistakes you're probably making".
Excerpt:
Excerpt:
Counting on Social Security
As they think about retirement, today's thirtysomethings should be aware that the Social Security trust fund is scheduled to run out in 2037. That means, if nothing changes, benefits will shrink to about three-quarters of what they are now, because only money that is being paid into the system will be paid out. Young professionals need to plan on funding the bulk of their retirement with their own savings.
As they think about retirement, today's thirtysomethings should be aware that the Social Security trust fund is scheduled to run out in 2037. That means, if nothing changes, benefits will shrink to about three-quarters of what they are now, because only money that is being paid into the system will be paid out. Young professionals need to plan on funding the bulk of their retirement with their own savings.