I will be THRILLED if I get to collect 75% of of my currently promised SS payment. Just THRILLED. I don’t expect anywhere near that amount. At 53 years old, I think it will come down to your income and net worth and those that have too much of either or both will be body slammed to let the ones who didn’t save or blew it (or just plain met with misfortune, bless them), to collect their full amount, which will be needed to survive.
Yep. I’m 46 and I’m planning on the work-till-I-drop scenario. I have a retirement account and a separate 403, plus I’m starting to put away a little in savings, but I just have a feeling that my old age is going to look like my whole life has looked: struggle, struggle, struggle, and don’t develop any expensive habits. I’m only glad I’ve already done my traveling via the Navy and don’t have much interest in seeing anything else. I’m just hoping to find a warm, safe little cabin with a fireplace in it.