Kathleen Casey-Kirschling became the 1st Baby Boomer to retire and file for Social Security. Now while this may be excting for Mrs. Kathleed it should make us a bit squeemish! It is predicted that by 2017...that's just ten years from now...that Social Security will have run its course and. Currently there is a 16:1 ratio for funding Social Security. By 2017 the figures will look more like 3:1 or 2:1. That means more money out of your paycheck! So pay attention to what is going on. When you hear Social Security reforms and taxes...they are talking to YOU...not you parents!!
Tuesday, October 16, 2007
Keep and Eye on your Paycheck
Kathleen Casey-Kirschling became the 1st Baby Boomer to retire and file for Social Security. Now while this may be excting for Mrs. Kathleed it should make us a bit squeemish! It is predicted that by 2017...that's just ten years from now...that Social Security will have run its course and. Currently there is a 16:1 ratio for funding Social Security. By 2017 the figures will look more like 3:1 or 2:1. That means more money out of your paycheck! So pay attention to what is going on. When you hear Social Security reforms and taxes...they are talking to YOU...not you parents!!
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