Americans on SS: What will you do when SS will Cut $18,000 in 7 years?

[Knight Rider]

The committee for a responsible budget predicts SS cut to the tune of $18,000 in seven years. What are American expats planning to do in the future? 

https://www.crfb.org/blogs/retirees-face-18100-benefit-cut-7-years

[gamb00ler]

I see and hear that the Russians are paying good money for internet trolls.  Many obvious examples here on AN.  I'm hoping that in 7 years l'll still be able to read and respond with the appropriate nonsense.

[Isaan sailor]

They keep kicking the can down the road.  They’ll fix Social Security but only at the last minute.

[Jingthing]

The cut would be a (severe) percentage of your current benefit at the time of the cut so not a set number for all.

[Jingthing]

34 minutes ago, Isaan sailor said:

They keep kicking the can down the road.  They’ll fix Social Security but only at the last minute.

Yes and no. 

Actual last minute would be impossible to fully fix.

Relatively speaking to fully fix it and avoid a cut, we're getting close to the real last minute.

[Mark1969]

If it's not enough, you go broke.

[Jingthing]

3 minutes ago, Mark1969 said:

If it's not enough, you go broke.

Whatever the level, chances are it'll still much more affordable to live in Thailand than in the U.S.!

[MarkBR]

Many US Americans will be affected: Democrats, Republicans & any folk of any other political persuasion that exists.  I suspect the Republican ones will feel the most betrayed.   The road to Damascus is long & painful.

[Jingthing]

To be clear, this future cut is very real IF it isn't fixed in time. It's required by law if the funds aren't there.

 

[Celsius]

8 minutes ago, Jingthing said:

Whatever the level, chances are it'll still much more affordable to live in Thailand than in the U.S.!

 

Chances are you have no idea how affordable it will be for FOREIGNERS to live in Thailand. 

[Jingthing]

Just now, Celsius said:

 

Chances are you have no idea how affordable it will be for FOREIGNERS to live in Thailand. 

It's all relative.

If Thailand isn't more affordable than the U.S. in the future, likely some other OK countries will be.

No guarantees.

[Knight Rider]

5 hours ago, gamb00ler said:

I see and hear that the Russians are paying good money for internet trolls. 

Where? I want to sign up. Lots of Americans in China are now accused of being paid CCP troll because they make videos of shining Chinese roads, infrastructures, and how cheap China is. I want to go to China and want to be a CCP troll but nobody is showing me where I can sign up.