it’d be nice but lets be realistic.
i dont see it happening. i have 40 years before i retire.
and im not coutning on it.

LOL obvioulsy ss is not going to be around when the twent-somethings reach retirement age…my husband and I are saving our own money…

If anyone is expecing anything from the government then they seriously need to think twice.

I went to highschool from 94-98, and they told me in civics class that there would be no money left for us from the gov’t when we retire, so we would have to save our own. I don’t believe everything that people tell me, but I figure better safe than sorry!

No, if anyone is depending on these programs, they don’t read or follow the news.

Not me, I’m funding my own retirement. It’ll be grim, and I’m going to work for as long as I possibly can, but I’ve always known that Social(ist) (in)Security would be insolvent by the time I was due to collect.

You would have to be earning an impressive wage to be able to save money earning bank interest or even a little more and expect that it will cover your medical cost after decades of God knows what economic turmoil that may come. One thing I CAN guarantee: not everyone will be capable of keeping those funds for their retirement, medical, and end-of-life necessities. And for those people, we need government programs. Or we can just throw them to the wolves, but if that’s how we want our world to be, why do we even want a government?

Saving, of course.

I am actively saving for my retirement. But as far as medical insurance: You bet I am dependent on medicare. Very few folks actually have access to retiree medical these days.

its not about ‘the government bailing you out’
its about getting what is due to you.
you pay taxes your whole life, you work
and then your country helps you out-using some of the money you yourself have given over the years.

I don’t know yet- I’m too far away from that time in my life

putting money away myself. i don’t expect the government to do anything for me. except keep me safe.

i make my own money. like a real american.

Not I.

I fully expect Social Security to go the way of welfare. It’ll be need-based rather than universal. So many people tolerate the system because it operates under the guise of a pension plan. There’s the illusion that we pay into a system, sort of like a 401K or a savings account, and when we reach a certain age, we’re just withdrawing our savings. Of course, that’s not how it works. Each generation is responsible for propping up the generation before it. Although you do pay in, the government pays in, too.

You know how the SSA puts penalties on individuals the earlier they start collecting? I suspect the age at which you receive a penalty will go up even higher, punishing people who’d actually like to retire at 65. And if you’re not poor or if you have your own pension plan through a company, you probably won’t be able to collect.

I’m socking away my own money.

I’m saving, becuase social security isn’t much, even if it is there…

but, do remember, old people vote more than any other group… and when push comes to shove, odds are, they will get something out of it, or they will vote for someone who will change it so that they will get something…

I have 3 different Retirement plans i pay into
and i am forced to pay social security… so that makes 4
i am not at all relining on social security ….
i do not want the government in my retirement business
SS
is a bunch of crap
we live in a society where it is OK to kill a baby
but its not OK to let a old person die because they didn’t want to save money for the future….

as long as were are killing babies i say euthanize the old when it comes time they can’t work… because they didn’t want a retirement plan !

babies aren’t even givin a chance to make a mistake… so why do we protect the ones who blew money and made mistakes their whole life?

its not that expensive to live…
its just people want all this extra fun fancy stuff…
so since they CHOOSE to buy into it why should i pay their retirement?

as I’ve said, “Social Security is money I’ll never see, and Medicare is money I’ll never ever see.”

I’m socking all I can in savings and stocks.

We’ll, I sure hope there gonna give the money I’ve been investing in since I was Twelve. I thought that was my retirement. Employers don’t pay much and everything and everyone wants your money. My parents would have to have started saving for me before I was born to retire comfortably. I was hoping to add a little extra to my expected income, but where do I start and who’s to say some great thing won’t happen just cause I have the money and it be useless anyway. Yeah, unless I get a wonderful job with great retirement plans, then yes, I probably will be living off my initial investment. Thanks for thinking this program that helps people that work hard but aren’t rich to enjoy what little bit of life they haven’t worked away in some kind of comfort a bail out!

WHERE do you get this “bail out” crap?????

Most working Americans have made some attempt to put away money in 401k’s or IRAs, but they still depend upon SS.

What…you think everyone is independently wealthy?

Or that all REAL blue collar working men and women opted to eat Kraft Dinner all their lives so that they wouldn’t have to eat cat food after they retired?

Now…if you want to have a mature, intelligent discussion, why don’t you post your own earning level and savings plan for retirement, and then well talk….

hi, some of us have no choice, so much people are killing our spirits, they don’t want us to survive in this world, it slows us down, then we have no choice but to not work and except money from the government. i was working then i got so much fight, like people were bothering me at work, screaming at me(the first day i worked) i didn’t have time for their nonsense so i transfered out of work then quit, now i get paid little money from the government. there are alot of people getting a fight to survive in this world and i’m one of them who’s getting picked on alot and god is watching and they will be judged for their wickedness they are doing.

I’M NOT DEPENDING ON SOCIAL SECURITY OR MEDICARE, I’M DEPENDING ON BEING FREE AND FLYING UP IN THE SKY AND SHINE DOWN ON BIG ROCKS TO MAKE MY OWN GOLD. HAHA I LOVE HEAVEN AND THE LORD OUR FATHER IN HEAVEN AND ANGELS ANGELS AND JESUS CHRIST.

It isn’t a matter of the government “bailing out” anyone. It’s more a matter of the government having used social security cnntributions as a bank, to ‘borrow’ from at whim. Which is exactly what they have been doing for decades. I’ve a long way to go before retirement. Still it worked before the government started using it as a ‘cash cow’. I do not care how little it is, people worked for years to qualify for it and they deserve it. The government is simply trying to get out from under having defrauded workers of their well-earned savings.
I have a 401 K, quite hefty even at my age. But the government is still taking money out of MY earned income for MY social security. And it better be there when I am ready to collect. I don’t care HOW long it will be before I collect.
I have absolutely no intention of ‘investing
any money into Bush’s “chosen” — I can’t trust ANY of those jas’s !! Not one !!
Social Security is NOT broke. Use common sense. Many who contributed will never collect. Many die before they have a chance to collect. Many die WHILE they are collecting. What happens? THEIR MONEY goes to someone else who is collecting. Many millions contribute every week, bi-weekly, bi-monthly, every month, twice a month, etc.
EVERYONE who contributes will not collect.
The government can fool YOU.
but not me.

Well I put money away. Have since I was 25. Yikes!!! That was 22 Years ago!!! Ouch!!!
People do not understand the concept of Social Security and how it works and why it is doomed. Think of it as a Giant Multi Level Marketing Operation.
When it started, so few people were on it, that no one(current workers) noticed the tax. 10 years ago, there were 20 workers paying into it for every 1 person receiving it.
Fast forward, 2007-2008, is the first year Babay Boomers(Who basically funded it) begin retiring at 62(Early Benefits) and that will continue for the next 20+ years. At that time there will be roughly between 4 to 6 workers paying into it for everyone receiving it. (Lower Birth Rates, Huge amount of Baby Boomers receiving it).
Who is gonna pay for it? Well either kids in their 20’s now and younger will face HUGE if not Devistating taxes.
The real crime is that there can be no Political discussion on it, because any reform talk, automatically get “Spun” to say “They are cutting benefits for the Elderly” and niether party has even suggested that! Clinton himself, wanted SS reform, yet his advisors talked him out of it, for fear of Scaring seniors and losing their vote.
Bush faced a similar dilema.
So where we stand now is the one’s who benefitted the most from SS are the one’s who paid in the least(Current recipients) and those who paid in the most (baby Boomers, and the next generation) will get the least.
Isn’t that what Multi Level Marketing is?
Huge issue……..

I’m not. I’m 18 but I’m starting to save for my retirement, the government isn’t my nanny.