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Reply to "Where is your retirement money going to come from?"
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[quote=Anonymous]401k and SS The idea that ss won't be around in 30 or 40 years is a scare tactic designed AFAICT to make it possible to abolish SS (and presumably give large tax cuts to the wealthy). SS has been 30 years away from "bankruptcy" for the last 30 or 40 years, and even if it "runs out" of money, it should still be about to cover 70% or more of projected benefits from cash flow. The people who designed it and updated it weren't stupid-- they took into consideration things like life expectancy at retirement etc.[/quote]
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