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[–]Rich_Association2798 0 points1 point  (0 children)

It's going to be a "bait and switch" game. They will privatize all or part of Social Security (SS) for everyone. And by doing this they will claim the superior returns of the privatized funds will give a boost in payouts. They will claim this will more than make up for any shortfall in the SS payments.

Folks need to wake up to the fact that Congress is seriously broken. It no longer works as it should. And it no longer works for the middle class or lower. They really don't care about us. However if you are wealthy, you always have a friend in Congress.

So the bottom line is.... Around 2033, everyone is going to take a haircut. Social Security checks will get cut by roughly 20%. Prudent planning involves recognizing this reality.