Earlier quoted context omitted.
Living out of [only] social security is a bad joke, for a standard of living barely above just eating, sleeping and not getting sick. I contributed the max throughout my 30 years professional career, I'm fully vested, and it can barely cover anything of usable value, in these times. If one thinks that culturally / spiritually (but not religiously) could be supported by socsec, is delusional. Leaving the States is the…
Note that I said "That's supposed [emphasis added] to be what Social Security is for." The question is not what the federal government is actually doing right now (if anything) to help people affected by inflation but rather what the federal government could do to help people affected by inflation. Some people in the comments seem to be claiming that driving up interest rates is literally the only logical possibility…
>The equation of retirement and stock market investment is a deliberate policy [. . .]
Reads to me as if investing in stocks is a negative, that has been deliberately pushed on society as a whole. I am interested to hear what an alternative would be for you. What else can I park my money in for a good enough return to ensure that I don't have to rely on the weak (and ever weakening) SS? I legitimately cannot come up with anything worthwhile.