posted on Jan, 24 2005 @ 03:13 PM
I'll play the ignorant one today...
I thought the money they took out of my check was for SS, and that it would be returned to me someday.
I receive (as everyone does) a total SS benefits summary once in awhile...
it shows how much i have paid in, and how much benefit i will be able to collect based upon the present earning situation... I think it even broke it
down to what my benefit was if i retired at 55,60,65 ect...
So what is the problem... if the money isn't there... then where did it go?
I thought it was just like a savings account... with interest.
I guess what i am trying to say, is that everything i read on this in the past ten years, has said about how the Social security is going to be in
trouble... MY COMMENT IS: only if the government didn't do what it was trusted to do... preserve the money i gave them...
are people living SO MUCH LONGER than the government had estimated? I would think the government would err to the side of safety in this regard, so
that they could keep the leftovers after someone dies.
[edit on 24-1-2005 by LazarusTheLong]