I should have done this long ago but I kept hoping that things would work out; praying that I wouldn’t have to humble myself with an apology. However, it has reached a point where the inevitable is, well, inevitable.
United, the Post War Generation can prove ourselves a great generation, not just a great big generation.
A study shows tensions over paying for entitlements–but also some respect-your-elders sentiment.
In a day and age when fewer and fewer people have a pension and many people don’t have a lot socked away for retirement, it’s becoming increasingly critical that you calculate the best time and strategy for you and (if you have one) your spouse to take Social Security.
So my wish for you is this: Get the timing right.
Personally, should I be asked to forgo a modest amount of my promised SS benefits to keep the system solvent, I will consider it a patriotic sacrifice by one who has benefited handsomely from the American free-market economy.
A ‘chained CPI’ would mean lower cost-of-living raises for seniors.
Challenges await on Social Security, Medicare and elder-care, and retiree savings
The 2% tax cut could make it harder to keep Social Security solvent.