Social Security

Question: I’ve heard that I can’t count on Social Security. Is this true?

Some people say that you shouldn’t count on any Soc. Sec. payments. These people are wrong. The program isn’t going anywhere. Even when our country is $1.6 Trillion short this year, politicians are still afraid to even talk about changing it. Old people collect Soc. Sec. Old people always vote. Ergo, Soc. Sec. is here to stay. That said, it would be a mistake not plan for a reduced payment of Social Security. The most likely course of action is that the program will be whittled down every decade until people stop caring. My opinion is that even if you’re in your 20s or early 30s, you’ll still be able to count on Soc. Sec. to replace 10% of your current income.