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Joined 1 year ago
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Cake day: October 5th, 2023

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  • The writing has been on the wall for a while now. All retirement planning I’ve done is based on the assumption that SSA won’t be around by the time I retire. The fact that we can’t even remove the taxable maximum to retain some degree of financial solvency is proof enough.

    I think the most likely course of action is that we will get some portion of our contributions back, but not the full amount. I just hope that they don’t raise the retirement age so much to try to retain the illusion of being able to get a full payout. I’d rather get a fraction of my contributions back at 67 than need to risk living to a much older age but receiving full benefits.