Well of course it would be cut, they will have a part of what they would have got in a savings account somewhere. Where is the news in this?
posted on 01/04/2005 12:50:11 PM PST
Expect a lot of "news" items to come out about Bush cutting SS benes.
Those "cuts" are going to be diverted into private retirement accounts, I think, or something like that.
To be honest, I'm 36 and have been making my retirement plans without SS in the picture. I've pretty much invested in IRAs, mutual funds and some stocks that have proven to be solid investments over the long-haul. Will I retire a millionarie? Prolly not, but I won't be depending on a bankrupt system to be there for me either.
posted on 01/04/2005 12:54:34 PM PST
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