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If you have questions about this change, you're in the right place. Our editors, experts, and community of change optimists have answers!

Changeling

Question:when do you think social security will run out?

Asked by Changeling on 4/30/08 2 Answers»
csterling

Answer:

I am a baby boomer, I will be a very young 60 tomorrow. Thanks to Mr. Bush, who we can thank for helping to deplete the SS, where do you think those stimulus checks money came from. You got is, from an already depleted SS monies. His administration has been trying to do away with all these types of programs and want you to use private sectors to save for retirement, which is, if you are young, you should start to do, IRA'S, 401K's, if you can take it out of your check, you really will get used to it being gone and won't miss it. I guess like my father, I thought Social Security would be there for me, but gone are the days when you could even live on it. I really don't want to necessarily retire. Retire to what? I will probably retire the day after they shovel the dirt in my face. What I would like to be able to do is work less and enjoy more vacation time, more weeks off or days off, or a 3 or 4 day work week.
So my point is, since most of my baby boomer counter parts are in this mode, if there is SS left 35 years from now, you will have my generation who made getting older different!

Answered by: csterling on 5/20/08
LMAYO9

Answer:

It will run out right when i decide to retire, I am sure :( I am going to say in 35 years or less.

Answered by: LMAYO9 on 5/2/08
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