The Future of Social Security: Will It Be Enough for Retirement?
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Top Comments (10)
All of my retirement financial plans assume $0 from Social Security.
Social Security is like that friend who always says they'll pay you back but shows up empty-handed at the BBQ. 🍔💸 Plan accordingly. 🧠📈
why do we never hear about welfare running out of money?
I'm on disability, I live off SSI right now. I am grateful to not be homeless and have food.
My three favorite channels: Minority Mindset, Stock Brotha, & How Money Works. Make my week complete! 🔥 🔥 🔥
I wish you could opt out of social security
Register for my free masterclass & get Market Briefs as a bonus: https://briefs.finance/cf98f6 WARNING: LOOKOUT FOR SCAMS IN THE COMMENTS! There are many fake accounts impersonating me, and there are many bots promoting fake/scam investments. I will NEVER ask you to contact me through YouTube comments, telegram, or WhatsApp. I have a checkmark next to my name and my comment will be highlighted. Fake accounts do not have that. Please be aware of fake accounts trying to scam you using my name and picture!
Great the government is running out of my money💰🤑
There's another problem adding to the drying up of SS. I'm a government employee and I'm paying into a retirement plan (mandatory) called PERA. I don't pay into SS as a result. This way, this money is more guaranteed to go toward my own retirement, not the rest of the world's. But it isn't just government employees that do this. Doctors, Dentists, Lawyers, major firms, and ALL of the employees working for those people and firms are all NOT paying into SS, but into this more private PERA plan. If you take all those people into account.... that's a LOT of the work force out there that isn't paying into SS. It's a scary thing to have to rely on SS!
That was the best explanation of the issue with SS that I’ve heard, very concise!
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Top Comments (10)
All of my retirement financial plans assume $0 from Social Security.
Social Security is like that friend who always says they'll pay you back but shows up empty-handed at the BBQ. 🍔💸 Plan accordingly. 🧠📈
why do we never hear about welfare running out of money?
I'm on disability, I live off SSI right now. I am grateful to not be homeless and have food.
My three favorite channels: Minority Mindset, Stock Brotha, & How Money Works. Make my week complete! 🔥 🔥 🔥
I wish you could opt out of social security
Register for my free masterclass & get Market Briefs as a bonus: https://briefs.finance/cf98f6 WARNING: LOOKOUT FOR SCAMS IN THE COMMENTS! There are many fake accounts impersonating me, and there are many bots promoting fake/scam investments. I will NEVER ask you to contact me through YouTube comments, telegram, or WhatsApp. I have a checkmark next to my name and my comment will be highlighted. Fake accounts do not have that. Please be aware of fake accounts trying to scam you using my name and picture!
Great the government is running out of my money💰🤑
There's another problem adding to the drying up of SS. I'm a government employee and I'm paying into a retirement plan (mandatory) called PERA. I don't pay into SS as a result. This way, this money is more guaranteed to go toward my own retirement, not the rest of the world's. But it isn't just government employees that do this. Doctors, Dentists, Lawyers, major firms, and ALL of the employees working for those people and firms are all NOT paying into SS, but into this more private PERA plan. If you take all those people into account.... that's a LOT of the work force out there that isn't paying into SS. It's a scary thing to have to rely on SS!
That was the best explanation of the issue with SS that I’ve heard, very concise!