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Posted: 3/9/2010 8:41:01 AM EDT
not sure if this is a dupe or not

I don't know why this does not surprise me....scares me a little

http://finance.yahoo.com/retirement/article/109011/defaulted-loans-may-haunt-seniors?mod=retire-planning

you guys think its we should plan to live without social security ?
Link Posted: 3/9/2010 9:21:12 AM EDT
If you owe the .gov they will always get it back, especially if they are holding your money for you as in SS. Should come as no surprise.




Link Posted: 3/9/2010 9:23:34 AM EDT
If you're under 45 years old, don't plan on having Social Security, or if you do get it, it will be a very small amount relative to inflation.

Or, at least, that's my take on things.  I'm sure there are other people that think in 2035 it'll be completely funded, but not me.
Link Posted: 3/9/2010 9:29:00 AM EDT
I'm 39 years old, and I don't expect SS to be there for me. No freakin' way.
Link Posted: 3/9/2010 9:32:06 AM EDT
I am 43 and absolutely do not expect social security to be there for me in the future.  Provide for your own retirement and if the gov actually does contribute with a few $$ from social security (or other) count it as a bonus.
Link Posted: 3/9/2010 9:37:54 AM EDT
I'm 51 and do not expect it to be there :)




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