Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Snowshoe who wrote (21462)	7/19/2002 9:56:19 PM
From: Moominoid	Read Replies (1) of 74559

My impression was that Social Security benefits were pretty good compared to those on offer in Australia (means tested and max of about US100 per week - half the minimum wage) or UK (not means tested and about the same in purchasing power). And given that 3/4 or more of people will end their working life owning a house it doesn't sound too bad to me for the majority of US workers. From 1 Sep I will start paying into the US Social Security. Maybe if I'm lucky I'll one day be able to claim some benefit.... I hope never to get an Australian government pension though.... David

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