[quote=bearishgurl]What would members of Gen X/Y think if they contribute all their lives to SS and then find out at the 11th hr (age 65) that their benefits will be drastically reduced or eliminated?
Boomers, in general, worked hard all their lives in much lesser circumstances than younger workers of today and many are still working. They *deserve* to retire.[/quote]I’m part of the Gen X/Y you’re referring to and I’m expecting my benefits will be drastically reduced or eliminated. That’s why I’m not counting on them in my planning. FYI, those WWII and Greatest generation paid into the system all their lives as well and they die a lot earlier, which mean they take out less. So your entire argument sounds like the boomer will be a biggest drainer yet due to their longevity and the medical advancements.
