Quote:
Originally Posted by buggyone
Rubicon,
Good to hear from you, too.
While I basically agree with you - you did not mention the personal responsibility of individuals to contribute to their own retirements exclusive of Social Security. As soon as I began working, I saved money every pay period in savings accounts and rolled those into IRA's. It was not a lot of saving each pay period but it added up nicely over the course of 36 years.
Once again, Social Security was never meant to be the only retirement people would have but would be a supplement to their savings.
|
Buggyone, your so correct - Social Security should only supplement your income in retirement.
Having worked my entire life, at the railroad, I have never paid any Social Security, only railroad retirement. Retiring in 14 months, at 58 and will receive (2) retirement checks. One from railroad retirement board and one from the railroad, I work at. 37 years will be long enough.
the railroad itself.