I just threw up in my mouth

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Nov 26, 2008 | 03:32 PM

#16

CHESTON

Registered User

iTrader: (19)

Joined: Aug 2006

Posts: 1,478

From: Campbell

Car Info: AW Pig-STI

I just realized....

I'm never going to be able to retire, or at least, no Social Security for me!!!

:wtf:

Nov 26, 2008 | 03:40 PM

#17

sti4j0n

Registered User

Joined: May 2005

Posts: 790

From: [№®*©ªL] .....(Santa Rosa)

Car Info: '05 sti

Im starting a roth IRA in the next few weeks.

All my moneys will be tax free in 2063

Nov 26, 2008 | 03:46 PM

#18

R-Dub

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iTrader: (2)

Joined: Oct 2005

Posts: 2,585

From: Los Altos, CA

Car Info: The Latest From WayneTech.

Quote:

Originally Posted by CHESTON

I'm never going to be able to retire, or at least, no Social Security for me!!!

:wtf:

There hasn't been SS money for people born after 1980 for a while now...

Nov 26, 2008 | 03:49 PM

#19

Superglue WRX

Registered User

Joined: May 2006

Posts: 5,686

From: I was up above it, now I'm down in it

Car Info: New Government Motors SUV!

Quote:

Originally Posted by R-Dub

There hasn't been SS money for people born after 1980 for a while now...

You betcha. The baby boomers will wipe out any SS money that's left within the next 20 years.

Anyone in generation X or Y should have already started an IRA and/or 401K for any hopes of financial security and retirement. If you're planing on retiring off social security, it will not end well for you.