Monday, March 12, 2007

Social Security Statement

My social security statement arrived today's mail. I've been working since age 16, paying taxes all the while. But the government finally saw fit to send me a nice little statement, detailing how much money I'll have when I retire:

$625 a month!

My wife wasn't quite as excited as I was. True, $625 won't buy much. Plus, I'll have to continually work until I'm 67 to even get that much. And I'm only 24 now.

Then there's the fact that social security will most likely be completely bankrupt in the next few years, unless there's a massive overall.

That gets me back to my retirement savings without social security: $0. Man, I've got to start saving.

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