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The Water Cooler
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SSI Trust fund
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<blockquote data-quote="cjjtulsa" data-source="post: 1738554" data-attributes="member: 6146"><p>So by Hobbes figures, a good 20% of funds in a "retirement" program are being paid to people who aren't retired - many of them are likely my age (mid-40s) with career-ending hangnails. The system is right at the tipping point of being insolvent, just as the tidal wave of Baby Boomers are hitting retirement and Social Security drawing age. And people somehow remain optimistic that this will still be viable in 20 years?</p></blockquote><p></p>
[QUOTE="cjjtulsa, post: 1738554, member: 6146"] So by Hobbes figures, a good 20% of funds in a "retirement" program are being paid to people who aren't retired - many of them are likely my age (mid-40s) with career-ending hangnails. The system is right at the tipping point of being insolvent, just as the tidal wave of Baby Boomers are hitting retirement and Social Security drawing age. And people somehow remain optimistic that this will still be viable in 20 years? [/QUOTE]
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