social security, running out |
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social security, running out |
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#1
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![]() when the sun sleeps. ![]() ![]() ![]() ![]() Group: Member Posts: 210 Joined: May 2005 Member No: 138,079 ![]() |
do you think that social seurity will run out by the year 2014.. ive been readin some finacial articles and they said its predicited that it will.
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#2
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Member ![]() ![]() Group: Member Posts: 19 Joined: May 2005 Member No: 145,082 ![]() |
i think social security will last until somewhere around that time... but i think that it's really stupid that the government shaves money away from our paychecks for social security. when it comes to the time where we really need it, it will have run out...
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*mipadi* |
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#3
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QUOTE(esharp @ Jun 1 2005, 5:22 PM) i think social security will last until somewhere around that time... but i think that it's really stupid that the government shaves money away from our paychecks for social security. when it comes to the time where we really need it, it will have run out... Well, in theory, when it comes tme for you to need it, a younger worker will be paying your benefits, too; so it's not like the government takes money from you, and never gives you anything in return. The problem with Social Security is that around 2014, money being taken in (from younger workers) will be less than money paid out in benefits (to retirees). |
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