rightwinger
Award Winning USMB Paid Messageboard Poster
- Aug 4, 2009
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so thats a great answer RW.....in other words if you dont sit on your ass all day and you are actually out there busting your ass......if you cant work till you are 70....oh well.....kinda sounds "Republican".....
NFL players have a career that lasts 8 years if they are lucky. They have to ensure that either the money they make will last a lifetime or that they have other skills that will support them in later life
You are no different. If you have a job that you know you cannot do in your 50s and 60s you need to plan ahead. Put more money aside in your 401k. Have plans where you can do less strenuous jobs when you get older
To say that the entire Social Security program must compensate for you is ridiculous.
Might as well just do away with it...
I could start investing the same money today - retire when I was ready (instead of waiting til 70) and still come out ahead and I'm in my 40s...
Social Security is a joke. Just like every other gov't run social program.
The key to retirement is not putting your eggs in one basket
A balanced retirement will have a guaranteed annuity, savings, healthcare and a paid off house. You will be able to face any crisis
Nobody gives an annuity anymore. Trying to compensate with savings leaves you vulnerable to an economic collapse like we saw six years ago
Social Security is a safety net and it works