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The Comming reckoning in Social Security
Chitownmortgage
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10-19-2007 3:15 PM
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baby boomers
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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/9f3224a4-381d-4e63-ad17-0fb74ea24230/0C6CF2EC-4BF7-4BC9-924E-69E1E4131792/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.cafebabyboomers.com/retirement/Baby-Boomers-and-Social-Security.php" href="http://www.cafebabyboomers.com/retirement/Baby-Boomers-and-Social-Security.php" style="font-size: 11px;">www.cafebabyboomers.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.cafebabyboomers.com/retirement/Baby-Boomers-and-Social-Security.php"><P> Whether you want to think about it or not there is a reckoning coming for retirees in the not too distant future. The Social Security and Medicare systems will not be able fund all of their obligations in the future. As to when this will happen depends on who you listen to, but it is going to happen! </P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.cafebabyboomers.com/retirement/Baby-Boomers-and-Social-Security.php"><P> As initially laid out the Social Securrity system was to be a safety net. Today however, it has become a sole source of income for many retirees. For Baby Boomers approaching retirement, this is a special concern since the SSI and Medicare programs could end up being very different from what they are today. If you are expecting Uncle Sam to keep you financially sound in your golden years, you might want to rethink your strategy. </P></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;"> </td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/0C6CF2EC-4BF7-4BC9-924E-69E1E4131792/blog/" title="blog or email this clip"><img src="http://content6.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>
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