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To: HerrBlucher

I’m Gen X and I don’t know anyone of my generation who expects a dime back on SS. It may be 30 years until I retire, and there’s no way in the world this system is holding on until then. It’s got 10 years left at the current rate without radical restructuring.


123 posted on 02/12/2008 9:21:15 PM PST by FR Class of 1998 (I voted to defeat Hillary Clinton today!)
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To: FR Class of 1998
It’s got 10 years left at the current rate without radical restructuring.

Supposedly 2042 is d-day for SS if nothing changes. But it will, they will reduce benefits, raise the age, etc etc. It doesn't take much of an individual reduction in benefits multiplied a gazillion times over to make a big difference.

I felt the same way when I was your age looking at 30+ years of work ahead of me before collecting SS. It was the right attitude though because I prepared for retirement believing SS would not be there. Likely I will receive it now and so it will be icing on the cake.

132 posted on 02/12/2008 9:46:37 PM PST by HerrBlucher
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