What are you doing to ensure your ability to retire at 65? Anything?
Once upon a time, the government ce up with a new deal, to force people to give up a big chunk of their paycheck, so that they’d have retirement income when they got old. They called it an individual retirement account. They mailed out statements. You could look at your statement every year and see what you put in, and what you’d get for it.
Now, they call it welfare… They call it a drain on your taxes (but you young people still pay that extra chunk to this very day… They’ve hoodwinked your asses into thinking SS deductions are just plain old taxes…). The sentiment is that those people should have planned for their retirement…
Thing is… They did plan for retirement… By letting the government take those deductions…
And again… If those people should have planned for themselves… What are YOU doing to ensure you can retire? Are you gonna rely on the ponzi scheme? You know damned well it’s a ponzi scheme. You know it isn’t going to be viable when you retire. So what are you doing?
Those old dudes can keep those jobs if they want as far as I’m concerned. I’m old enough to have received “individual account statements” from the SS office by mail, but not so old that I didn’t make any other plans (old enough to have had the option to pursue a pension, which sadly is gone for pretty much anyone these days).
I personally feel like anyone born before 1965 has every right to have relied on SS alone, born 1965-1990, you should have seen the writing on the wall, but if you didn’t, it’s kinda excusable. Born after 1990, you absolutely should not be expecting much out of SS (and frankly, y’all should be pissed off at the SS deduction you pay every check…you’re basically being told straight to your faces that it’s an outright tax… That is NOT what your parents and grandparents were told…)
If those 70+ year olds had known that SS would devolve into being called a “welfare program”, most wouldn’t have relied on it (gen x and prior have a strong moral aversion to anything welfare…). They didn’t cause this problem, they believed in the government, and government caused it.