Social Security-a problem for the future?

[Vagos]

http://www.socialsecurity.org/

Here are some jaw-droppers.
[ QUOTE ]
A medium income worker born after 1965 can expect a rate-of-return of less than 2% on his or her Social Security taxes.

Source: Actuarial Note 2004.5, Social Security Administration Office of the Chief Actuary, Table 3.


[/ QUOTE ]
[ QUOTE ]
Nearly two-thirds of those under 30 years old don't think Social Security will be able to pay them any benefit when they stop working. Fifty-seven percent of people 30 to 49 years old agree.

[/ QUOTE ]

Seems like a major problem, especially for a lot of younger people. Discuss.

[DVaut1]

[ QUOTE ]
Nearly two-thirds of those under 30 years old don't think Social Security will be able to pay them any benefit when they stop working. Fifty-seven percent of people 30 to 49 years old agree.

[/ QUOTE ]

This doesn't bother me so much.

[hmkpoker]

At 23, I'm pretty sure I'm not going to see a dime of that money come back to me. I get to see how my social security taxes get spent when I go to the showboat and watch some retiree put a few more chips on lucky number seven.

[bkholdem]

The govt is out to f you as much as they possibly can short of starting riots or a civil war.

[natedogg]

[ QUOTE ]
http://www.socialsecurity.org/

Here are some jaw-droppers.
[ QUOTE ]
A medium income worker born after 1965 can expect a rate-of-return of less than 2% on his or her Social Security taxes.

Source: Actuarial Note 2004.5, Social Security Administration Office of the Chief Actuary, Table 3.


[/ QUOTE ]
[ QUOTE ]
Nearly two-thirds of those under 30 years old don't think Social Security will be able to pay them any benefit when they stop working. Fifty-seven percent of people 30 to 49 years old agree.

[/ QUOTE ]

Seems like a major problem, especially for a lot of younger people. Discuss.

[/ QUOTE ]


There's not much to discuss. Social Security is the biggest scam of all time. Literally. It is the biggest financial scam in the history of the world.

natedogg