BluesLegend
Diamond Member
Ahem, yes he's mocking SS, also known as Congress piggy bank for whatever spending.You don't realize that Plan A is very close to our current SS?
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Ahem, yes he's mocking SS, also known as Congress piggy bank for whatever spending.You don't realize that Plan A is very close to our current SS?
So are you but, you are a cheap laugh.… and a general waste of bandwidth.
Ahem, yes he's mocking SS, also known as Congress piggy bank for whatever spending.
^^^ Admiral makes an excellent point. Government is jacking up taxes on your retirement savings via the hidden backdoor by printing money and driving inflation through the roof.Yes, but his proposal B is a fantasy. He uses 11 year old links to justify it, but has no idea how Brandon's economy has destroyed it's worth.
A worker in their 20's who invests in a Roth & contributes religiously to it until age 65 will do far better then the fantasy that you proposed in Plan B, short for bullshit.PLAN A:
- Your are forced to contribute over 6% of every dollar you earn over your entire career to the plan
- If you die before retirement age you get none of it back.
- Your death benefit is $255
- Your expected monthly retirement is between $1000 and $1800 per month.
- You can't leave any of the hundreds of thousands you contributed to your heirs upon death. It's gone.
PLAN B:
- You are forced contribute over 6% of every dollar you earn over your entire career to the plan
- If you die before retirement age you get no monthly income....but
- Your death benefit is up to $215,000
- Your expected monthly retirement is between $1500 and $6000
- Once you die, at any age, the amount you have contributed PLUS any gains can be left to your heirs.
Not fantasy Simp, a real world example.Yes, but his proposal B is a fantasy. He uses 11 year old links to justify it, but has no idea how Brandon's economy has destroyed it's worth.
So you favor doing away with SS.A worker in their 20's who invests in a Roth & contributes religiously to it until age 65 will do far better then the fantasy that you proposed in Plan B, short for bullshit.
I don't know what you're talking about, but I don't care.Your defklection and personal bias to exaggerate are noted.
“Contributes religiously” ahem…A worker in their 20's who invests in a Roth & contributes religiously to it until age 65 will do far better then the fantasy that you proposed in Plan B, short for bullshit.
Not a comparison between Plan B and an IRA, Simp.A worker in their 20's who invests in a Roth & contributes religiously to it until age 65 will do far better then the fantasy that you proposed in Plan B, short for bullshit.
Where did I say do away with SS, CLOWN? You right wing no minds have been clamoring for that for years. Is their anything you guys don't parrot from Orban's asseaters in the right wing?So you favor doing away with SS.
If they would do much better than B, they would be light years better than A.
Plan B for bullshit is a fairy tale.looks like Ensign Pulver can't back up his claim.
"Your death benefit is UP to $215,000"No stupid, it is a reality for 4 Texas counties.
Abbott can’t sign up, Simp. Right after these counties opted out of the Ponzi Scheme Congress banned the opt out option."Your death benefit is UP to $215,000"
"Your EXPECTED monthly retirement is between $1500. To $6000.
Is Abbott & his crew signed up?
Then your benefits must not be very high. The OP says benefits are only $1000 to $1800 per month. Lots of people's benefits are $2800 and above. That makes a huge difference in retirement income planning.
Also spousal income benefits can make a huge difference.
So those are two significant distortions in the OP. I don't expect you to admit it or get it.
The Forbes link is from 2011, I believe, so SS numbers have most likely risen a little.................but the numbers from the alternative have most likely risen many times more than the SS increases.
Abbott can’t sign up, Simp. Right after these counties opted out of the Ponzi Scheme Congress banned the opt out option.
Not sure WTF you find funny about those figures since they are way above what the Ponzi Scheme pays.
"Expected" & "up to" is not a red flag for you, simp?Abbott can’t sign up, Simp. Right after these counties opted out of the Ponzi Scheme Congress banned the opt out option.
Not sure WTF you find funny about those figures since they are way above what the Ponzi Scheme pays.
A worker in their 20's who invests in a Roth & contributes religiously to it until age 65 will do far better then the fantasy that you proposed in Plan B, short for bullshit.
I don't know what you're talking about, but I don't care.
Great talk.
Plan B for bullshit is a fairy tale.