NoMooseSoup4You t1_jdek3ip wrote
Reply to comment by Machiavelli1480 in A pic I took in a protest in France by rdwarz
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.
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.
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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