I think we can safely say that noone under 60 will ever see a nickel of Social Security or Medicare.
sure they will, it’s just that the nickle they eventually get will only be worth 1/10000’th of what it is today.
I'm under 60 and I have a decent nest egg for retirement.
By the time this yahoo in the WH is through I, and those like me won't see any retirement!
Obama's favorite song has to be "Bye bye Miss American Pie".
Fine. Just stop collecting the funds from me today while I am in my 40s and maybe in 25 years I will been able to make and save enough that I could wind up better off. Even $10K saved for year for 25 years would be light years ahead of what Uncle Sam would be paying out over 12-15 years before I died.