The Yamaha Road Star Warrior Forum

Does anybody really read their Social Security Statement. Well for the first time (I think) the head of SS has actually made an official statement about the funds being exhausted for the program in 2041, its on the 1st page. Who da thought. I think it says at that time .78 on the 1.00 will be the payout for those eligible for the benefit. Hmm, I thought I heard ole George Bush try to tackle this problem 4-5 years ago. I haven't heard anything on the news about it? I believe most of us are smart enough not to count on SS, at least I hope.

If they aren't going to do anything to counter the decline I wish they would just get rid of it. I would rather keep my money and just take care of myself. I will admit I don't know much about the issue though.

I'm counting on $0 being paid to me by the government when I retire.  If I end up getting 78% of what I was "supposed" to receive, then I will be pleasantly surprised.  I sock as much money into my 401k as I can every year, and it's fun to watch it grow (yes, mine has actually grown in the past couple years, thanks to some very strategic moves on my part).

Even my 401k doesn't make me feel completely comfortable though, because it's based on the American dollar, which may not even exist anymore by the time I retire.  I want to start buying valuable things that I can actually bury in my yard, like gold and platinum and "stuff" of value.  My 401k is nothing more than an electronic account somewhere -- nothing actually in it.  Kinda weird.