And this is exactly what I will expect to happen before the bulk of the baby boomers get through the system. People working today need to plan for the very real possibility that all their social security payments will be useless to them when they need them.
Social security is bankrupt, and has been for a very long time.
Yep. It’s why I bought, in 2008, and moved, in 2011 to my farm in central KY after 45 years in the Seattle area. I’m amazed how far the road they’ve been able to “kick the can”, though. But this too will end. Eventually there will be nothing they can do. It will hit critical mass. When that happens, God help us - and according to Revelation, Daniel, Matthew, Ezekiel, et-al, he will - eventually.
google search Harbinger and september 13, 2015. It’s something I was made aware of only in the last few months, but it is rather interesting.
“People working today need to plan.....” I heard this almost from the day I started in the work force & never doubted it. However,after about so many years in the work force (as a skilled tradesman)I realized there wasn’t much hope for this & paying the bills at the same time. I suspect there are many in this position through no fault of their own.