Quote:
Originally Posted by Guest
Yes, but they are also including EARNED benefits in their calculation. If the gov is going to force you to invest in your retirement, then they need to live up to their promise to deliver. Or, are they just another Ponzi scheme?
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Yes, 13.6% includes recipients of social security and medicare...but that check stops when the country goes bankrupt too. Only difference is a majority of those recipients are not just counting on SS to survive. Yeah I know you want and need that money, but be honest a person would be a fool to think they could afford to retire on that alone.
SS is a ponzi scheme to some degree. The first people to draw never paid into the fund and ever since then it has run in the red. Maybe they will do what the labor unions are doing and set up tiered pension plans, but wait who will fund the original pension if all the new members are paying into a different fund???
STOCK UP ON AMMO!