The compromise on SS that both sides should be able to agree on.

[Lesh]

They really need to adjust the point at which seniors have to pay taxes on their benefits. We have Biden giving tax credits to families earning $150,000 and more - while granny pays taxes on her SS benefits if she withdraws $25,000 or $30,000 from her IRA to live on.

I agree. Can you name ANY GOP reps who would sign on to that?

 

[Lesh]

If they have anything in the stock market near retirement, they're idiots.

WHat do you think a 401 IS?

 

[Lisa558]

If they have anything in the stock market near retirement, they're idiots.

Not true at all. You need SOMETHING in the stock market, especially at the early point of your retirement, when you might have 30 years to go. Otherwise, you’ll never even meet the inflation rate, and your purchasing power will be cut in half

 

[Stormy Daniels]

I think this thread has been very educational. It seems that a great many people, on both sides of the aisle, are terribly opposed to achieving their own stated objectives, if it involves the other side also realizing an objective.

 

[Jarlaxle]

WHat do you think a 401 IS?

Don't worry...everyone but you understands.

 

[BluesLegend]

I think we are back to government Ponzi scheme. Any retirement fund manager who managed a fund as horribly as those morons in government managed OUR SS money would be in prison!

 

[BluesLegend]

16% holy crap government is DUMB!

 

[Lesh]

16% holy crap government is DUMB!

Stop babbling

 

[BluesLegend]

Stop babbling

Shut up stupid demtard.

 

[Lesh]

Shut up stupid demtard.

No. Now what?

 

[CrusaderFrank]

It's a good thing that you're not allowed to use sharp objects & power tools.

You want to drag down the country, impoverish tens of million -- it won't end well for your ilk

 

[Lesh]

You want to drag down the country, impoverish tens of million -- it won't end well for your ilk

Funding Social Security isn't going to impoverish anyone...stupid

 

[CrusaderFrank]

Still working on your image as an idiot? You can stop. Everyone already knows you are!

You want to make Warren Buffett even richer?

Adios!

 

[CrusaderFrank]

Funding Social Security isn't going to impoverish anyone...stupid

Fucking Ukraine will.

Sorry if you did not understand my post. You and Admiral Rockwell Tory can battle for stupidest reply

 

[Admiral Rockwell Tory]

Adios!

Still can't handle the truth?

 

[Stormy Daniels]

Funding Social Security isn't going to impoverish anyone...stupid

The amount of money you pay in Social Security taxes would go a whole lot farther for your retirement needs if you were able to invest it yourself into a private retirement account.

 

[Lesh]

The amount of money you pay in Social Security taxes would go a whole lot farther for your retirement needs if you were able to invest it yourself into a private retirement account.

As long as the market doesn't tank (has tanked twice in the last 15 years)

And ya don't make bad investments

Or find a "need" that money...for who knows what

Again...they tried this in Chile and it was an abject disaster

 

[Stormy Daniels]

As long as the market doesn't tank (has tanks twice

And ya don't make bad investments

Or find a "need" that money...for who knows what

Again...they tried this in Chile and it was an abject disaster

Put down the vodka for a moment.

Really, in this day and age, it's hard to make "bad" investments unless you make really insanely stupid investments. It's just too easy to plop your money into low maintenance cost managed funds that are thoroughly diversified and therefore well protected. Seems to me the problem is that too many people seem to think they're supposed to go day trading with their 401k.

 

[Lisa558]

Put down the vodka for a moment.

Really, in this day and age, it's hard to make "bad" investments unless you make really insanely stupid investments. It's just too easy to plop your money into low maintenance cost managed funds that are thoroughly diversified and therefore well protected. Seems to me the problem is that too many people seem to think they're supposed to go day trading with their 401k.

You know what they call day traders?


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Bankrupt.

 

[CrusaderFrank]

As long as the market doesn't tank (has tanked twice in the last 15 years)

And ya don't make bad investments

Or find a "need" that money...for who knows what

Again...they tried this in Chile and it was an abject disaster

So what if the market tanks? BFD. You talking about a 40 year timeline