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Originally Posted by lookout123
....no matter which path is followed, when it comes to SS, at least one generation is going to get hosed over on SS benefit vs. amount paid in.
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That already happened to my parents, they were notch babies. My Dad paid in the MAXIMUM, from the day SS was instituted in 1935 until he retired in 1983 but was penalized a third of his benefits.
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.....if we ever see a time period where the markets behaved like that, the world has a lot bigger problems than what Mrs Olsen down the street has in her retirement account.
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Not to Mrs Olsen. It's hard to see the "big picture" when you're hungry.
