Forum Discussion
time2roll
Nov 18, 2019Nomad
Matt_Colie wrote:Did you lose your pension due to your company you worked for 28 years went BK? Sorry to hear that. Been happening to a lot of people and more to come.time2roll wrote:
SS was never intended to provide a living pension. Just a supplement to personal resources.
Going to get much worse before it improves.
Well, if that is the case, then why did the prior administration use the abrogation of the bankruptcy laws to take away 28 years of crimping, saving with no big toys and no real vacations? In short, they destroyed those personal resources and I was not alone. But as a guy that got a lot of education and worked up to a nice position, I guess I was "RICH" and due to be fleeced.
All the more reason to embrace the 401k, IRA etc plans that you can control and cannot be taken (yet).
Did you not pay into SS?
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