Asking
Only logged in members can reply and interact with the post.
Join SimilarWorlds for FREE »

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?
This page is a permanent link to the reply below and its nested replies. See all post replies »
akindheart · 61-69, F
Actually the tax base is not being reduced. think about it-the illegals are coming over and not always getting paid cash. they keep coming up with ways to cheat the govt by claiming multiple exemptions. BUT they are still paying into a system they will never recover from.

if you saw what i saw in claims, you would really be mad
Heartlander · 80-89, M
@akindheart Based on the scope of the criminal assault on our state's unemployment funds, I can only imagine the fraud that you probably see.
akindheart · 61-69, F
@Heartlander the illegals have managed to work the system. they get hurt and don't get it fixed. they take the same injury to the next employer. the carrier keeps cashing out with them. One mediation i was in , the illegal had 33 PAGES of claims. I fought over the settlement and he got only 11,000 so he went and sued for unlawful termination when he had quit