Cost of living/quality of life/best place for kids -- US vs UK
#121
Re: Cost of living/quality of life/best place for kids -- US vs UK
Unfortunately it's hard , if not impossible to convert pensions into local currency.
#122
Re: Cost of living/quality of life/best place for kids -- US vs UK
Hopefully it will still be the same in 20 years time, but they keep saying the SS money will run out at some point. Also I am not sure if the prediction from the pension company was in today's money or in predicted income in 20 years time.
#123
Lost in BE Cyberspace
Joined: Jul 2016
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Re: Cost of living/quality of life/best place for kids -- US vs UK
Social security is already out of money as money isn't "saved", it is either paid out or spent. The government will always pay it, just the value of what is paid will probably go down.