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all true, and would be true today if the democrats under LBJ had not robbed the SS fund and merged it with the general fund. That democrat action is why we have a SS problem today. That and only that. So maybe its time for you to rethink your blind obedience to the dem party before they screw you again.
Correct. Government has already spent every last dime of MY Social Security money. Plus borrowed and spent another $30 trillion holy crap!The Government is taking the money I am paying in now to fund the payments to those that are collect SS.
"A Ponzi scheme is a form of fraud that lures investors and pays profits to earlier investors with funds from more recent investors." Wikipedia
My employer plans are heavily regulated and monitored fool.As opposed to your employer?
I trust my employer to take care of me in my old age
My employer plans are heavily regulated and monitored fool.
How so?SS is designed to keep people poor.
There is no doubt about it.
The last thing the government wants is a population with a high percentage of financially independent citizens.
No one is forced to depend solely on SS.So we should believe it's nothing but good for everyone?
We can never change it so it actually allows people to achieve financial independence?
Why do you lie?Your employer is only concerned with profit
Why do you trust them with your healthcare and retirement?
?Why do you lie?
Again so whatAgain, Social Security is a done deal
We cannot walk away from it and tell those who are retired or near retirement….Too bad for you, we changed our mind
In planning your retirement, you have to look at SS as well as other investments to carry you through
Take that 12.4 % of your lifetime income and then see what it would have grown into if it was put in an S&P indexed fundHow so?
www.crystalbull.com
In fact they are since it takes such a large portion of their lifetime income.No one is forced to depend solely on SS.
OKAgain so what
There's nothing to say we can't make changes to it
And SS is NOT an investment it is actually the theft of future wealth. But like I said that last thing the fucking government wants is for people to be financially secure
Let people own their own accounts so they can actually attain a real measure of welth and not be forced to survive on a fraction of what they couldOK
Your turn, what changes do you propose?
www.crystalbull.com
With millions flowing across the border, the workforce will grow,Will SS be fiscally viable with a shrinking workforce?
Let people own their own accounts so they can actually attain a real measure of welth and not be forced to survive on a fraction of what they could
Social Security Calculator | Privatization account vs. S&P 500
Social Security Calculator comparing value of a private account vs. the S&P 500. Based on median income of all workers, but user can enter custom values.
You suck it up and keep the promise Maybe we should actually hold out corrupt politicians to their promises like the one they made when they said SS would never be more than 3 cents on the dollar up to $3000 max from you and your employer.OK
Now, what do you do with the hundred million already retired or close to retirement?
Too bad for you, we changed or mind
If you want to own your account, get a 401k
www.crystalbull.com
The workforce is growing exponentially. Fact.Will SS be fiscally viable with a shrinking workforce?
The fact is, SS works and has been solvent for 80 yearsYou suck it up and keep the promise Maybe we should actually hold out corrupt politicians to their promises like the one they made when they said SS would never be more than 3 cents on the dollar up to $3000 max from you and your employer.
And why do you ignore the fact that 12.4 % of your income is such a substantial amount of money that it actually prevents a lot of people from saving in an IRA or a 401k?
Why do you ignore the fact that the government is robbing people of actual wealth that can be left to their heirs thereby ending the cycle of working paycheck to paycheck for many millions of people?
Why does the government not want people to achieve this level of financial stability?
Because it would rob them of their power over people that's why.
