[patton]

Ah. Well. I am 43 years old, and in every year of my life, the SS admin has collected more than it has paid out. The surplus was promptly spent by congress.

43 years - never once has a dime been set aside.

In fact, to anyone but a moron, the idea that congress is collecting advance payments is a joke. They are just collecting more money, to spend, today.

Again, there is no SS trust fund.

[Pelham]

You're either a tail-end 'boomer or a post-boomer- either way you are indeed screwed.

Save what you can, invest for your retirement. Times could be pretty tough when you look to retire.

[Pelham]

'Setting aside' of SS funds doesn't really work, anyway. That's a sort of money-illusion- stacks of dollars are too vulnerable to losing their value through inflation, especially in the post-Breton Woods monetary regime. What you need is money invested in something that will provide you income when you retire, and you need to be planning for that yesterday. IRAs, 401k's, mutual funds, rental property, there's a number of options, and a lot of sources to educate yourself on how to do it.