[OldFriend]

It was ALWAYS meant to be a supplement.

It was NEVER meant to be the sole method of support in retirement.

[keysguy]

"It was only meant as a supplement"
Absolutely right. Anyone who depends solely on ss for their retirement is either dumb or has been duped. The whole "fund" and I use the word loosely, has beocme just another tax. SS is just a line on the fed budget. That's why when we increase other areas the wholebudget goes into deficit. Bottom line is it's an issue the rats will demagogue forever if we let them.

[uncbob]

You people ain't getting the message


ALL RETITREMENT INVESTMENT SCHEMES will be in big trouble not just SS


The money ain't in the banks in some vault

It is all FUNNY MONEY based on an expanding population whether a lot more are putting in than taking out including the Stock Market
Hint once retired people don't buy stock for a retirement investment they use what they have in stocks to eat and who is going to buy those stocks that must be sold so they can get their $$$ out

Same goes for CDS etc
Banks don't have that money in some vault
They have a minimal amount available the rest is loaned out
And where is it coming from when the retirees need their CDs for retirement living and more are taking out than are putting in to replenish the funds

How do you think they can pay interest and dividends etc etc and where do you think that $$$$ is

We ain't on no Gold Standard we are not even on a paper dollar bill standard
We are on a BYTE standard wher all you money is a computer entry someplace

[petercooper]

yes, why can't people get off their asses and fund their own damn retirement.