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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Tenchusatsu who wrote (214784)	1/12/2005 9:24:02 PM
From: Road Walker	Read Replies (1) \| Respond to of 1573092

re: Tell that to the current generation of retirees. Or to the next generation of retirees. Or to the one after that. But you believe we should fix it, not take on $2Trillion in debt, right? John

To: Tenchusatsu who wrote (214784)	1/12/2005 9:42:13 PM
From: combjelly	Read Replies (2) \| Respond to of 1573092

"Tell that to the current generation of retirees." Using the handy dandy calculator on the Social Security site, I punched in some reasonable numbers for my salary and an expected retirement year of 2025. That would give me a family maximum of ~$2800 a month in 2005 dollars. 68% of that would be about $1900 a month. Assuming that our house would be paid off in that length of time and we had no additional savings, we could live off of that. Not well, mind you, but live we could. Heck, we had almost half of that during the Domino's year and we were renting at that time... ssa.gov