A well respected and knowledgeable friend who has written a book on Social Security told me months ago that nothing would happen on Social Security reform. I believed him and have thus not fretted much over the current debate. I can only hope he's right for if it were to pass, at age 50 I sit squarely on the cusp:
The great middle band of the Social Security debate agrees perhaps only...that the president's plan, for better or worse, has put them on the cusp - too old to see much benefit through the miracle of compounding in a private retirement account, too young to have any guarantees.
There is no Crisis. Really. Check it out. For more read Kevin Drum at The Washington Monthly, a most articulate and vocal oponent of the President's plan.
