The boomers have grown up all their lives with Social Security being there.
Some boomers expect that Social Security will be there to save them.
Other boomers have made a large nest egg in the stock market, and believe they are set.
The problem here is that both of these require money-printer to go BRRRRRRR.
Unfortunately, the money printer is starting to smoke, and there are creaking sounds coming from within.
I do not feel the boomer are going to be able to retire the way they think they are.
It's a Ponzi Scheme
Social inSecurity works by the next generation paying for the retirement of the last generation. But, with the boomers being the largest generation, that isn't going to work so well.
When Social inSecurity started, there were at least 10 people working for every retired person. (it was closer to 100:1 in the very beginning) And 10 people can take 1/10th of their pay and easily support one retired person. Now, it is looking like one working person is going to be supporting one retired person. And that just retired person was at the top of the pay-scale, and the one paying is at the bottom of the pay-scale. This just isn't going to work.
Further, the ones retiring are in the worst health ever. Medicare is way past being broke. It, also, is being paid by money-printer go BRRRRRR.
This ponzi scheme is going bust. Our population demographic is no longer a pyramid, with the youngest generation being the biggest. In fact, in many countries it now looks like an inverted pyramid, with the smallest group at the bottom.
So, there are just not enough people to suck into the ponzi scheme to keep it going. Even stealing ALL of their income will not be enough to pay the boomers retirement.
The financial plan by the banksters
We all know these guys are evil, but they wouldn't just leave an entire generation out in the wind to starve to death?
Well, they would, they are, and they already tried to kill em off. Covaids and the VAXXX affected mostly the old people. It has lowered life expectancy by 5 years already. What a plan to "save" Social inSecurity.
The next plan is to bring in a bunch of immigrants who will make up the "new" bottom level of the ponzi scheme. Of course, there really isn't jobs for them. And no women for them. But don't worry, the army will take them in, and suck all their income to pay for the Social inSecurity. (yes, this will be scary for all Americans)
Unfortunately the banksters want ALL the money, so they are going to crash the market. All the market. The sad thing is, the boomers are set up to trigger it. As soon as a percentage starts withdrawing from their retirement account, or selling their big house, the market goes down and just keeps going down.
You will live on Social Security, completely at the whim of the govern-cement. That is what the banksters want.
How things will most likely go down
There are too many moving parts to easily explain it, but the boomer retirement problem will be "solved" by paying off their homes, or putting the retired into free houses. (the banksters will lose their mortgages. The houses will be paid off by fiat) And then, there will probably be some sort of food box delivered once a week.
We won't be paying Social inSecurity as "money" anymore. We are going to just provide the essentials, as essentials.
The reality is that a lot of boomers are going to die. Earthquakes, floods, fires. Market crashes, bank closures. Loss of medicine from China. Many will just be found dead in the apartments because they were just forgotten.
So many are going to die because of a lack of insulin.
Sadly these things happen when there is a huge shift. The upheaval loses people in the cracks. And, the boomers started this kick the kids out at 18 thing, really broke up the extended family, and today, there isn't any family to take care of them, or that wants to take care of them. The boomers thought that the world they grew up in would last forever. They didn't foresee that it would isolate them in old age.
And this isolation, in a time of turmoil, will see them not have the support needed to stay in their mortal coils.
The banksters are planning for total control, but what we will experience is a complete change to a new system. The collapse in between now and that future, will squash all that cannot / won't move.
I am very sorry, but the young generation has to live. They cannot be strapped with paying for a retired person, each. And so, the ponzi scheme has to go. Social inSecurity has to be abolished.
And it will. The universe will bring it about. The old system that doesn't serve the new people will crumble to dust. Universal forces will attack it from all sides.
We can already see this with the money-printer. If they speed it up, the world goes into hyperinflation, if they slow it down, the world goes into depression. And soon, a balance will not be maintainable. We will have INFLATION and DEPRESSION.
But, those who move to the new system (like they have bought bitcoin at $10,000) will find that things are no longer the same, but they are getting better.
So, move to the new systems as you see them forming.
Everything old is going to crumble.
The earth is going to shift. Even the topography is not going to stay the same.
It's the next generations after the Boomers that truly must worry.
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Yes and no. It depends on how fast the change happens.
But, yes, they spent most of their lives feeding into the system, and will see it destroyed before their very eyes.
Most of my friends never believed Social inSecurity would be there for them.
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I don't think so but maybe. The odds are slim.
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The younger Boomer know what is coming for them. Remember not all boomer have reached pension age.
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Indeed. Many continue to work, probably for as long as their body can hold out. Many more will pass by retirement age, and know that retirement is not there for them.
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