Quote:
Originally Posted by hdh1470
They need to raise the age about 5 years or so. 50% of newborn babies will live to 100 they can't be collecting ss for 38 yrs. and they need to start phasing in at maybe 45 year olds.And maybe means testing for ss and medicare.I know this may not sit well with most of us.But we have to stop being so greedy.I'm preparing to get blasted but I feel its the truth.  |
Yes, it's clear some modifications need to be made. It will take political courage and will happen sometime. Changes will need to be made sooner than later. Hopefully there is something viable in place for the younger generation.
I paid in to SS for 40 years and have been receiving benefits for 5 years. SS proved to be a great supplement during the recession, and allowed us to keep our other retirement savings in tact.