 | SS meant we did not lose our house when my father died when my brother was 2
and I was 13; when I was disabled it meant I could count on $800 per month,
and my wife can get a currently projected $580/mo on her own. This is more
than either of us could have hoped for via private investments, altho we save
about 20-25% of income and forego most luxuries, from TV cable to travel. After
15 yrs we have indulged in a color TV for $89 which includes a VCR--we thought
about this for months! 13" instead of 10". Our saving problem is that 20% of
small amounts do not add up to much. The SS rip-off plan would leave younger
people in our income bracket destitute--even if the stock market behaved
properly--a very big if.
John
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