Contact Us
Make My Homepage

Now’s the Time to Think Social Security While You’re Still Young

When you’re in your thirties and forties and hear about Social Security, you think, “This is not something I’m going to have to worry about for a while” Well think again. 

Tax Credits, Flickr

According to the Government, The trust funds that support Social Security will run dry in 2033 which is three years earlier than expected. That would be about the time that thirty something and forty something you would be eligible.  Medicare is expected to run out of money in 2024.

Money is going to need to be found if Social Security and Medicare are to keep going. One way would be to take it from those who don’t really need it. The average monthly retirement benefit is $1.232 a month. There are people who live quite comfortably on much more than that. These are people who don’t really need it. But there will be too many people who will.

 

Now if you’re asking someone to give back their Social Security which is something they’ve paid into all their working lives, then you have to give something back as well. Perhaps a tax break.  The figures can be determined when the time comes. Either way the time is coming fast.

We’ve got to be ready when it does.  If you’ve got any ideas, please feel free to list them below.

Best of NJ 101.5

Recommended For You

Best of the Web

Leave a Comment

It appears that you already have an account created within our VIP network of sites on . To keep your personal information safe, we need to verify that it's really you. To activate your account, please confirm your password. When you have confirmed your password, you will be able to log in through Facebook on both sites.

Forgot your password?

*Please note that your prizes and activities will not be shared between programs within our VIP network.

It appears that you already have an account on this site associated with . To connect your existing account just click on the account activation button below. You will maintain your existing VIP profile. After you do this, you will be able to always log in to http://nj1015.com using your original account information.

*Please note that your prizes and activities will not be shared between programs within our VIP network.

Please fill out the information below to help us provide you a better experience.

(Forgot your password?)

Not a member? Sign up here

Sign up for New Jersey Insiders quickly by connecting your Facebook account. It's just as secure and no password to remember!

Sign up to have exclusive New Jersey Insiders contests, events, coupons, presales, and much more delivered to you for FREE.