The year to worry about Social Security
source: http://money.cnn.com/2009/09/17/retirement/Social_security.moneymag/index.htm?postversion=20...
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- Nocturnus
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http://money.cnn.com/2009/09/17/retirement/Social_security.moneymag/i...
Many people falsely believe that Social Security will run out before they reach retirement.You've probably spent a lot of time sweating over your 401(k) and IRA. But have you given much thought to the way Social Security will fit into your retirement plans?
You should. In fact, Social Security provides 50% of the income for more than half of married retired couples and about 20% for high earners. Moreover, it's the only source of income you're likely to have that's guaranteed to last for life and keep pace with inflation.
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- Community, News and Politics, Politics, US News, 1 more
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- tags:
- Politics, Money, Social Security, Investment, 4 more
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funnicus [removed]
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Avoid regular jobs and don't pay. They aren't going to help you later. In fact they don't help you now if you need it.
- 3 years ago
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funnicus [removed]
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wtthfkovr
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Carter layed the ground work to keep social security solvent. then Reagan screwed it up
- 3 years ago
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wtthfkovr
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tbowman131
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too bad Reagan, Bush 1, and Bush 2 borrowed 100% of the social security trust fund (because intergovernmental agency lending doesn't count towards the national debt)... sorry baby-boomers, you shouldn't have kept electing criminals.
- 3 years ago
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tbowman131
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remanns
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Who knows what the hell will be done with it in the next decade or so. Seems to depend a lot on who is in power. Eventually the sh-t hits the fan regardless.
- 3 years ago
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remanns
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akamaial [removed]
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. . . and keep pace with inflation?
Surely, you jest. - 3 years ago
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akamaial [removed]
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bc_f [removed]
- This comment was removed as a violation of community guidelines.
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bc_f [removed]
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Nocturnus
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bc_f:
I probably be dead ... HAHA
- 3 years ago
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Nocturnus
