Question for all about Social Security.

From what it sounds like Obama is trying to make universal healthcare optional. That said, if Social Security was optional would you still participate and why?

Personally I would not. I would rather have my money in a 401k.

 

He wants nothing optional.

His "optional" ruse will motivate employers to stop providing insurance as a fringie and drive employees into the gubmint run program.

FWIW, Socialist Insecurity IS optional.....Not many people know that.

 

And when it took a major dump, who would bail you out?

Right now my grandparents are going from 5% interest to 1%. Mostly because the Federal Reserve just stole $9 trillion dollars from us and they need to repay us somehow, so how they will repay us is by fucking our senior citizens out of their life savings.

You people really have no clue.

Yea, if I were a millionaire, I'd rather opt out of ss too. But you won't be a millionaire. And based on how you vote, the market will probably collapse once every 10 years, so good luck with your 401k.

 

I already showed people like you yesterday that over the last decade, many employers have dropped healthcare because it is too expensive, and more will do the same in the next 10 years.

But you'll blame Obama/socialism either way, so fuck it.

Yea, Obama made healthcare unafforable.

 

So my grandparents went from 5% interest on their life savings to 1%. Can't live on that. So what are their options.

Oh yea, they get social security. That'll help.

Or, they can eat away at their savings.

So what would you do if your savings went from 5% to 1% and you don't have SS to suppliment? You'd be FUCKED!!!!

 

And accelerating the pace of companies dropping insurance as a fringie is going to help in what way??

It won't, and that's the point.

 

I am not going to surprise anyone when I say i would prefer to opt out of Social security.

15% of my lifetime income taken by the government to use as its own personal slush fund is not securing anything for me.

the disability "benefits" of SS are a joke as is the retirement "income"

Currently my wife and i save over 20% of our gross income for retirement. if I could control that other 15% I'd be able to retire well.

I already pay for my own life and disability insurance that will pay me a better benefit without all the government red tape.

So yeah, count me out.

 

sealy - You don't understand how to invest. If you want to learn about it talk to a financial planner. When you get close to retirement you put the majority of your money it in something less risky in case something like this happens... It's common sense. When you have 30 years before retirement you can deal with things like this but it's stupid not to put your money some place safer when being close to retirenment...

 

sealy - So you are saying you would stay in Social Security... That's fine but you do realize that you are going to put more into Social Security than you will get back in your lifetime right?

 

I think he's talking about savings rates.