No fancy tv, no premium cable channels, no cell phone, no remodeling to keep up with the times and fashion, no purchases of anything that are not essential, etc., etc. Still allow myself the luxury of a computer to keep up with what's really going on in the world. Savings just about depleted keeping up with the ever increasing costs of utilities and property taxes. We are unable to get "fair market value" for our house (which, by the way would be a couple hundred thousand LESS that the actual value of the house and lot). Social Security is what is still putting food on the table and paying for the insurances. Next step is homelessness.
I do agree that the young people should be given the option to "opt out" of the system. I just wish we had been given that choice, since we would have had invested that money a lot more wisely than the government did. No hands would have been in the cookie jar leaving IOUs.
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