News for hackers. Stuff that matters.

A comment on The Investor Class Hates Pensions. Parent comment

Re:The Investor Class Hates Pensions by jcwayne on Monday March 05, 2018 @06:10PM (#16525428)
> No one actually expects to live on Social Security alone...

None should, but plenty do.

[ Parent | on HN ]
Re:The Investor Class Hates Pensions by dbjacobs on Monday March 05, 2018 @06:22PM (#16525497)
To be more precise. Among elderly Social Security beneficiaries, 23% of married couples and about 43% of unmarried persons rely on Social Security for 90% or more of their income [1].

[1] - https://www.ssa.gov/news/press/factsheets/basicfact-alt.pdf

[ Parent | on HN ]
Re:The Investor Class Hates Pensions by srtjstjsj on Tuesday March 06, 2018 @01:29AM (#16527261)
That doesn't account for spending past income, as in a savings account, cost-basis of investments, or home ownership.
[ Parent | on HN ]