Sunday, May 23, 2010
Social Security
We put in the application for Diana's Social Security benefits today. It's a good thing we're not relying on that income stream to pay the bills; it does make me wonder how people who only have SSA income manage at all.
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They manage very poorly.
I suspect many with 401Ks will be finding that out in the next few segments of retirees. Wall Street is not done its downturning.... one set of figures I saw suggests the market is still overvalued by 40% and the situation with BP, with Greece, Spain, Italy, Britain, etc. are all pressures that impact the North American recovery.
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