Originally Posted by
CGLimits
Absolutely! You totally could do all that. Do you know why? Because you have disposable income. If you are on minimum wage or just above, you do not have that. If you don’t have it, you can’t invest it.
SS was supposed to be a backup. A safety net.
Instead, it ended up being a case where today 39% rely completely on SS as their sole retirement income, and over 70% rely on it as half their retirement income. That was not intended to be the goal or the purpose of the program. We let it get like this.