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Key:
Admin,
Global Mod,
Mod
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Joined: Mar 2018
Posts: 4,830 Likes: 117
12 point
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12 point
Joined: Mar 2018
Posts: 4,830 Likes: 117 |
Looks like Social Security is going tits up by 2032, hopefully it’ll happen sooner than that and that dreadful program will be history.
Signed a millennial paying into a trash program I’ll likely never see a penny from. Being 69 years old and retired, I'll return the sentiment. I hope ALL your investments go belly up and you lose every F'n penny that you invest. X2... x3 That may be the most selfish post in the history of aldeer . I understand you not wanting to pay into it I did not either. But I did for 50 years and know its time to get some back. If you think it is going belly up you are wrong. Can you even think of the repercussions financially and politically
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Joined: Dec 2015
Posts: 1,371 Likes: 12
8 point
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8 point
Joined: Dec 2015
Posts: 1,371 Likes: 12 |
Looks like Social Security is going tits up by 2032, hopefully it’ll happen sooner than that and that dreadful program will be history.
Signed a millennial paying into a trash program I’ll likely never see a penny from. Being 69 years old and retired, I'll return the sentiment. I hope ALL your investments go belly up and you lose every F'n penny that you invest. X2... x3 That may be the most selfish post in the history of aldeer . I understand you not wanting to pay into it I did not either. But I did for 50 years and know its time to get some back. If you think it is going belly up you are wrong. Can you even think of the repercussions financially and politically X100. I can’t believe you actually said something like that. I paid in for almost 50 years, and I, like most that have, expect to get some of my money back. We didn’t want to pay into it but were forced to. I don’t have a pension to fall back on as the companies I worked for my entire career didn’t offer any. Heck I was only able to contribute to a 401k for 10 years because none were offered to us by the companies. I had my own IRA but that was it. I’m sure your parents, family members or friends that are receiving social security would have a thing or to to tell you about your wishing it would go down.
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Joined: Dec 2004
Posts: 20,179 Likes: 81
Freak of Nature
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Freak of Nature
Joined: Dec 2004
Posts: 20,179 Likes: 81 |
SS is a joke. I was looking at mine this past week. If I take it at 62, I’ll draw $2,704.00 per month ($32,448.00 per year). At 64, it’ll be $3,149.00 a month ($37,788.00 per year). You pay into it for 45-50 years and your “benefit” is an amount that you realistically can’t live off of. Honestly, if you don’t have a plan for health insurance, it barely covers that, if it even covers it. It should be an option to opt out of SS and let us invest for ourselves. I could have been retired for years now if you could. But…for every one person that saves and invests, there’s probably five, at least, that would waste it and end up on the government’s assistance program. Thank goodness for 401k’s. I tell my boys all the time. Maximize your contributions from day one. Learn to live that way and you’ll be able to retire very comfortably when time comes.
If voting made any difference, they wouldn’t let us do it.-Mark Twain
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Joined: Mar 2016
Posts: 3,192 Likes: 13
10 point
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10 point
Joined: Mar 2016
Posts: 3,192 Likes: 13 |
I had to go to the Social Security office in Fairhope, June 11. I would wager of the 60+ people in there, 70% were young, working age Mexicans. What were they there for?
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Joined: Dec 2002
Posts: 14,332 Likes: 65
Booner
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Booner
Joined: Dec 2002
Posts: 14,332 Likes: 65 |
Everything woke turns to shucks
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