It always amazes me that so many people depend on SS and Medicare. They'll spout off about having earned it, how it's due to them and then in the next breath complain about other people who worked and earned a pension, that the person payed for, that comes with medical coverage, that the person also pays for. Not pointing fingers at anyone here, just a general observation. No one has a "SS savings account", what you get comes out of someones paycheck today. Your SS contributions were spent decades ago. I suppose it's s sore spot for me, with in laws that never planned for anything and then expected SS to support them, just like FDR said back in the late 30's.
I'm 54, my wife 53. Neither of us has any confidence that we'll receive a single cent from SS or Medicare. In fact, I rather hope by the time I'd become eligible the whole ponzi scheme has been replaced for the most part with a tax free IRA type account for each person. Nothing else can possibly work int he long run.
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Today's Featured Article - Reflections of the Fifties - by "Country" Elliott. I remember rowing up in the 1950�s in a small, rural town in northwestern New Jersey. The closest town to ours was only 3 miles away, and there were seven dairy farms in the areas of these two country towns. We had 5 acres, and because my Dad was a salesman and not a dairy farmer, he let the Bockovens, who owned the Willow Tree Dairy farm most of our land.
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