He has no pension. He's counting on social security, and I keep telling him the SS fund is probably going to be bankrupt by the time he retires. He's going to end up living with me some day.
Discussion
Social security will be there, just what it will purchase will be the question. The government runs ssi so they can just print more money. How's that worked out. Secondly many take ssi way to early and end up outliving their money. I'm staring down ssi as my wife is 5 years older, but we are trying to figure out the best time to take it. Luckily we have a decent income.
If all you have is ssi you're screwed in my opinion. Hope you have room for your dad, as it sounds like he'll be moving in. Unless you educate him otherwise.