Early Retirement & Financial Independence Community - View Single Post - Mid-40s And Ready To Stop Working???

. . . Yrs to Go · 06-26-2009, 06:25 PM

I'd worry about relying on Social Security to make my retirement plan work. It's probably safe to say that SS isn't going away completely and that you will get something. But it's also pretty safe to say that what you get will likely be lower than what is currently promised. Or it will be payed later than promised. Or both.

On the other hand, if you really can swing a $20K spending reduction that will help to offset the SS risk.

06-26-2009, 06:25 PM	#3
. . . Yrs to Go Thinks s/he gets paid by the post Join Date: Sep 2005 Posts: 2,191	I'd worry about relying on Social Security to make my retirement plan work. It's probably safe to say that SS isn't going away completely and that you will get something. But it's also pretty safe to say that what you get will likely be lower than what is currently promised. Or it will be payed later than promised. Or both. On the other hand, if you really can swing a $20K spending reduction that will help to offset the SS risk.