We’ll Turn 67 In 2041, How Lucky For Us | I've Paid For This Twice Already... http://www.paidtwice.com/2008/04/03/well-turn-67-in-2041-how-lucky-for-us/#comment-21551 Brandon Thu, 03 Apr 2008 15:11:24 +0000 http://www.paidtwice.com/2008/04/03/well-turn-67-in-2041-how-lucky-for-us/#comment-21551 I think it is silly to think that you will not get anything for your contributions to social security. That would only happen if the program were discontinued completely, which would make a lot of taxpayers unhappy. The problem is that once there are less worker wages paying in than the projected benefits to be paid out, then benefits will have to be reduced to compensate. Nonetheless, there will in fact still be an amount of benefits being paid in by younger workers so you would still see *something* even if you don't get your full value back in the end. I think it is silly to think that you will not get anything for your contributions to social security. That would only happen if the program were discontinued completely, which would make a lot of taxpayers unhappy.

The problem is that once there are less worker wages paying in than the projected benefits to be paid out, then benefits will have to be reduced to compensate. Nonetheless, there will in fact still be an amount of benefits being paid in by younger workers so you would still see *something* even if you don’t get your full value back in the end.

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