Quote:
Originally Posted by lookout123
not if you are doing what you are supposed to do and saving and investing for your retirement years. the people who didn't save and invest rarely get a comfortable retirement at any age, during any time period.
so on that note, what are you doing to prepare for your retirement?
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I put money from every paycheck into a 401k, just like I should. Is that the answer you're looking for? The money I put into Social Secuity will be spent by the time I retire. I'm not relying on it, trust me.
You seem to ignore the fact that people retiring today have their savings PLUS social security. My mom has a bit of savings, and gets something like $1,200 a month in SS. She's not hurting. Calculate that $1,200 into 2035 dollars and see how much that is that people my age won't be getting.