Friday, September 18, 2009

No Need To Worry!

"Many people falsely believe that Social Security will run out before they reach retirement."

Why, that's ridiculous! Social Security will run out AFTER they reach retirement.

Yahoo! News.

3 comments:

Home on the Range said...

I have the sneaking suspicion that I'll be having to work until I just fall over in my tracks.

Quigley said...

Social Security depends on the young (healthy) people working and contributing to the plan to fund the retirees. It fails when there are more retirees than contributors.

On the other hand...the new health care plan depends on the young (healthy) people working and contributing to the plan to fund the poor. How could this possibly go wrong? We haven't seen something like this going wrong before have we? History doesn't repeat itself does it?

WV: persuf ("Open your purse, it is your turn to suffer now." The entitlement mentality in contraction form.)

Turk Turon said...

Brigid: you and me both!

Quigley: your aim is true, sir! I agree with you 100%. What could possibly go wrong?