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Machiavelli1480 t1_jdejplp wrote

Obviously, but i think a smart person would look at SS as a bonus, but shouldnt expect it, especially if you are under 40.

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NoMooseSoup4You t1_jdek3ip wrote

I wouldn’t say “obviously”. Many people are very irresponsible when it comes to retirement planning and think social security is this pension gold mine designed to give retirees plenty of money to live comfortably.

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Machiavelli1480 t1_jdekkek wrote

Well in the context of our conversation, i feel like we both made it obvious that expecting ss to cover the majority of living expenses for 15-20 years was a rather absurd. I'm sure there are people that think that, but they will be in for a rude awakening if that doesn't change. Compound that with inflation, it can make a poorly planned retirement miserable.

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NoMooseSoup4You t1_jdelhka wrote

Yeah, many people won’t be able to retire, unfortunately. We live longer and are having less children. Not a great combination for comfortable retirement plans.

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