posted on Aug, 16 2003 @ 02:40 PM
Social Security wont be here in the Us either, by the time we get old. Congress using social security money for other crap, not investing the money to
make it bigger, and lower birth rates mean a smaller next egneration to pay into it to support thier elders.
Most people here rely on 401k and IRA accounts, if you can get them, though those arent very steady either. Social security retirement age upped to
67. And social security ebnefits arent enough for retirees to live on, even with social security, the monthly payments for most arent enough to make
rent, house, or property tax payments.
Thus, nothing for us when we retire, mostlikely. Even medicare might not be there someday.
But yeah, freeloaders do suck huge amounts of money off the system. I know people who are simply lazy going to the doc to get an insanity degree so
they can live off social security for the rest of thier lives. freeloaders are part of the problem, not the whole.