It’s no secret that I’ve been delaying my retirement planning. Part of this is due to the fact that I have a pension in my future (though I’m not sure I can count on that entirely) and this past year I’ve been focused on paying off debt.
It’s no surprise that at some point Social Security will have to be revamped. There just aren’t enough workers contributing to the already retired and soon to be retired baby boomers’ generation. So guess who gets the short end of the stick? Gen Xers through the Millenial generation and then some. And I wouldn’t necessarily describe it as the “short end” for the under 45 crowd.