A big flaw in this model is the reliance on Social Security. Certain politicians are trying to shut down Social Security so relying on it will leave you under funded for retirement. Use the model these guys suggest but don't include social security in your model.
Nobody will “shut down” Social Security…and certainly not for those near or already in retirement. Program will be solvent with small changes (e.g. increase full retirement age a bit, increase payroll taxes slightly, and/or change the income limit for SS contributions).
I could see raising the cap on incomes contributing. Of tightening disability requirements.
A big flaw in this model is the reliance on Social Security. Certain politicians are trying to shut down Social Security so relying on it will leave you under funded for retirement. Use the model these guys suggest but don't include social security in your model.
Nobody will “shut down” Social Security…and certainly not for those near or already in retirement. Program will be solvent with small changes (e.g. increase full retirement age a bit, increase payroll taxes slightly, and/or change the income limit for SS contributions).