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it’s the boomers that are plundering america and no one can stop it because they are such a potent voting block.
they are OUTLANDISHLY expensive and by the time they finish their locust-like consumption of the US federal budget, there’s going to be nothing left but mountains of debt. barring massive reform, gen X is not getting the social security they were promised (and paid for).
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Thought provoking. Starting early in my career, I did my financial planning with no expectations of receiving social security. However, I *DID* put in 30 years - many at a consultant/executive salary level - and still put in a bit via my semi-retired tennis pro income.
I would still like to receive a little coffee/bourbon money (when accounting for inflation that's about all it would pay for) each month.
https://boriquagato.substack.com/p/breaking-the-tytler-cycle