daveman
Diamond Member
I'm middle class. I'm doing fine.It’s obvious. Are you middle class? Are you struggling to save? Then keep voting republican. That will change.PEOPLE WHO VOTE REPUBLICAN ARE VOTING AGAINST THEIR BEST INTERESTS WHAT IS IN THEIR BEST INTERESTED IS VOTING DEMOCRAT I KNOW BECAUSE DEMOCRATS TOLD ME SOMiddle class republicans really hav no business voting republican. Theyre fucking themselves just to stop other people from having abortions. Or because they think gays blacks and immigrants are invading.If a person dies prior to retirement, leaving a spouse and or dependent children both the spouse and the children receive survivor benefits. Yes, it is a fraction of the accumulated benefits but a large one.No, you don't necessarily lose it if you die early because your spouse can draw survivor benefits for life and if you have minor children they can draw survivor benefits till there're 18. And if you happen to become disable before you die, you can draw disability benefits. However, one of the greatest benefits of social security is it is protect your retirement from the biggest danger of all, you. Millions of Americans find compelling reasons to raid their retirement account time after time, leaving nothing but social security to live on.
Social Security is not a retirement plan and was never meant to be. It provides a bare bones existence. Without it millions of older Americans would be destitute.
So what happens when you die early with no dependents? And from what I understand, the spouse only gets a fraction of her (or his) spouses SS check. That's besides the fact most spouses have their own SS account, and them benefiting off their spouses benefits only drains the system even faster.
Social Security is a long-term Ponzi scheme. Eventually, people in the end are going to lose out because there won't be any money left.
My daughter with 4 kids lost her husband 6 years ago. The total survivor benefit for her and the kids was just short of $55,000 a year. They have received that amount for 6 years. This year it will go down because one child has reached age 18. Without that benefit, the family would have lost their home, my daughter would have had 2 jobs and would have never been able to raise her kids properly, complete her education, and have the good paying job she has today.
Survivor benefits as well as disability benefits are huge benefits to working class families. You won't find any mutual fund family providing those benefits nor any guarantee of any specific benefit. It all depends on financial markets.
If you die when retired, your spouse has the option of drawing your retirement or hers, depending on which is greater.
You keep thinking of social security as a retirement plan. It is not. It is neither a retirement plan nor a pension plan. It's a government program providing economic security for millions of Americans—retirees, disabled persons, and families of retired, disabled or deceased workers. It is financed by employee and employer contributions.
Without Social Security millions of Americans would make no provisions for disability, survivor benefits for spouse and family, and subsistence in old age. Government would have to provide assistance leaving the taxpayer on the hook.
Retirement plans that take into account social security is the best answer to a problem we all face, growing older and the possibly of disability or death leaving our families with no financial support.
The tax benefits of retirement plans coupled with employer contributions make it possible for every working American to have a secure retirement and depending on financial markets, a very comfortable retirement.
Meanwhile republicans are going to pass the policies that spoil their hopes of ever retiring.
Let me know when you’ve maga
I'm a conservative, white, Christian veteran. The Democratic Party has made it quite clear they're not interested in my values, and that I exist solely to fund their vote-buying schemes.
I don't see the attraction in voting for a party that hates me.