General Discussion
In reply to the discussion: How the Republicans tore down our country [View all]NathanTheGreat
(78 posts)It's just an assumption that I won't be able to rely on SS. It might be a check that I can get once a month, but I'm not going to depend on that check to buy everything I'll need in retirement. I grew up with a lot of senior citizens in my neighborhood, and knew the people who were surviving on SS alone, and I know I don't want to live like that when I'm older. It's just clever planning, and if I get there and there's a check for me, then it'll just be just gravy.
What would I like in place of it? I don't know, perhaps nothing? Maybe I'm an exception to the rule, but I would happily opt out of the system if I can stop paying into it today. Whatever I've paid to this point, I'd consider it a gift. I think it would be a monumental mistake to replace SS with some kind of government sponsored investment plan...because it would quickly drive an unnatural amount of money into the market and create a bubble.