How long do you think Social Security will last?
With immigration, so many people moving to countries, with businesses reducing their workforce, with the advent of AI taking over so many job, the tax base is being reduced.
Surely there will come a day when major changes will be needed.
Means testing? A threshold set, anyone one with more than the threshold will not receive Social Security.
I think I will be okay, not enough net worth to not receive it.
Low income/savings people will/should be okay. Though we never really know the future.
Politicians listen to advisors and it is those people that hold our future in their hands.
Will you be okay if, down the track, social security was greatly curtailed or even removed?
Surely there will come a day when major changes will be needed.
Means testing? A threshold set, anyone one with more than the threshold will not receive Social Security.
I think I will be okay, not enough net worth to not receive it.
Low income/savings people will/should be okay. Though we never really know the future.
Politicians listen to advisors and it is those people that hold our future in their hands.
Will you be okay if, down the track, social security was greatly curtailed or even removed?