if Social Security is being reduce at year 2035, might not even exisit

[hmgROCK]

maybe,
you need a 2nd plan?

im just saying
when you are old and can't work

you going want to have a safety net

probably a good idea to start really contributing to those 401k, IRA, etc...
as a safelty net

[theking]

"2nd plan"?

Perhaps hit up the "hmong Nostradamus" for some winning lottery numbers since he's "always right" and use that money for the "safety net"...? 

[hmgROCK]

that thing you been paying with your paycheck
social security (government sponsor mandatory retirement plan)
might/ or might not be there in the future

USA is in debt

need a second plan just in case
aka 401k, IRA, saving, etc....


https://www.ssa.gov/policy/docs/ssb/v70n3/v70n3p111.html

As a result of changes to Social Security enacted in 1983, benefits are now expected to be payable in full on a timely basis until 2037, when the trust fund reserves are projected to become exhausted.1

[Cali Guy]

Fraud out there also contributes to the depletion of SS reserve.

[Yebleng]

No more freebies. We're all going to work into our graves

[theking]

Fraud out there also contributes to the depletion of SS reserve.

Yep, "Fraud" has no shame whether it be stealing from the SS reserve or food stamps or ....