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Registered
Join Date: Feb 2001
Location: South of the Mason-Dixon Line
Posts: 3,722
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Interesting subject.....
As a baby-boomer about to turn 60, I like so many thousand of my generation will have to depend on social security supplemented by savings, 401K, assest liquidation, inheritance and maybe even a part-time job to keep the household going. I for one will start to take it at 66 so thats my target date. I was amazed to hear that 40% of my generation or so will depend on social secuirty to stay afloat. The next president will be dealing with the great majority of boomers that will start collecting social security. If they start taxing it further, reducing schedules or minimizing benefits, I believe the resulting revolution will make the Boston Tea Party look tame!!!!
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