That's true! My wife and I made preparations in our twenties, realizing that SS was a joke. Now in our sixties, the SS payments to us are extras on top of our investments. We know many friends and relatives who did not prepare for their senior years despite us telling them to do so. SS payments are not enough, and they have to continue working into their senior years to make ends meet. One day, you wake up realizing you're old but have no savings; it's too late. Be smart, invest and plan while in your thirties or younger.
A divorce after 20 years of marriage wiped me out. My savings now is all in our property, embellishments, tools and SS. Fortunately, SS for me will be substantial because of my lifelong income. It is even more substantial when you take into account the cost of living where I now live (rural Kentucky). It’s almost like retiring in Thailand. Almost...