@ point2make...so, the possibility of no retirement age supposedly will improve things for everyone? It seems to me that the original concept of having SSN has been twisted, and that it is like putting money in a tin can with a false bottom. All we hear is the advantage of working till 68 or 70 but, by the time one gets to dip into their acct, there is hardly anything left or, is it a ploy for shorter pay out?
@Jed...I agree that it can be considered a state of mind but the problem is, ppl are paying into the SSN. Debt free is applicable if u r talking about a car or house loan but, ph or electrical bills don't go away. What I mean is, most home owners, for example, would like to pay off their house loans quickly but, how can they if the govt takes 8% on tax, SSN, and so on? In the end there is hardly any money to retire on. If this is not the case, then what is? And to say, 'job is not really work, its just something to get you busy' suits very well with someone who's got money and hangs out at the beach a lot!