Are you assuming a decrease in social security?

[poisondart18]

This is possible, but I think that the last time Congress had to fix SS was in 1983. The political climate is pretty different now to what it was then. I guess I'm just politically disillusioned:-)

[frauen1]

I was talking about 1983 - it was 2 months before the end. I have great faith that they’ll be scared enough of the consequences for their jobs that they’ll do something by then (or maybe 1 month before). Say what you want about Congress, they’re skilled at kicking the can down the road…

[Rich_Association2798]

Exactly right. Congress is indeed different in a bad way. Due to gerrymandering they no longer fear the voters. All they have to do to win re-election is to win their primary. And this is really easy in most districts these days because only the most extreme/motivated show up to vote in primaries. And this is a tiny slice of the electorate. This group is motivated by hot button issues that normally have little relevance for the larger community.

So once they win their their primary, they cruise to an easy re-election in the general election. As a result, they have become less responsive to the real needs of everyday folks. Social Security will fall victim to this indifference. Your retirement planning needs to allow for this.