Quote:
Originally Posted by MoneyGuy
Independent actuarial reviews indicate otherwise.
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I agree that CPP is in good shape (OAS as well, for the most part) but I don't believe for a second that the Boomers are going to leave that money alone for the next 20+ years.
Not only will the selfish generation consistently demand "More" during retirement, they will get their way (as usual) because they outnumber the rest of us....those funds will be raided in one form or another.
We are going to struggle to pay for both the "I demand everything" generation's retirement AND the massive debts that have already been left behind, all with a dramatically reduced workforce (size and competitiveness).