I have been saying this for years: Some of us who have paid into Social Security our whole lives are not going to get it. They are going to do means testing.
“You already have enough saved up. You don’t need Social Security.”
But I also see them coming after money we have saved. It’s pessimistic, I know. I just feel it in my gut.
“But I also see them coming after money we have saved. It’s pessimistic, I know. I just feel it in my gut.”
Will they raise taxes on All income? Answer: Yes
Will they steal your whole account? Answer: Not likely
Will the market destroy your retirement with a deflationary crises?
Answer: Not yet or anytime soon, but historically it “does happen.”