View Poll Results: Should SSI Retirement Be Set At 70?

Voters
48. You may not vote on this poll
  • Yes

    14 29.17%
  • No

    28 58.33%
  • Maybe (explain)

    6 12.50%
Page 6 of 9 FirstFirst ... 45678 ... LastLast
Results 51 to 60 of 87

Thread: Should Retirement Age Be Raised to 70?

  1. #51
    Sage
    VanceMack's Avatar
    Join Date
    Feb 2010
    Last Seen
    Today @ 07:33 PM
    Gender
    Lean
    Independent
    Posts
    54,606

    Re: Should Retirement Age Be Raised to 70?

    Quote Originally Posted by reefedjib View Post
    As for healthcare, the recent healthcare bill will drive costs up even more, what with taxes, an increased base of insured and fewer doctors.

    Not sure what school spending has to do with the cost of healthcare.

    We need to eliminate SS and reduce Medicare.
    Not sure what health care will do to SS, but medicare and medicaid are toast.

  2. #52
    Banned
    Join Date
    Feb 2008
    Location
    Theoretical Physics Lab
    Last Seen
    01-06-15 @ 11:06 AM
    Gender
    Lean
    Libertarian - Right
    Posts
    25,120

    Re: Should Retirement Age Be Raised to 70?

    The government just uses Social Security as their own slush fund. Although it's broken by concept, government corruption doesn't help.

    Abolish it. You invest your own money in whatever way you want to, and with a better ROI if you're a shrewd investor. And if you squander the extra money away, so be it. All I ask of you is to be a cheap funeral.

  3. #53
    Sage
    samsmart's Avatar
    Join Date
    Dec 2009
    Last Seen
    @
    Gender
    Lean
    Other
    Posts
    10,316
    Blog Entries
    37

    Re: Should Retirement Age Be Raised to 70?

    Quote Originally Posted by Cephus View Post
    The best idea is to just let people invest their own money for retirement, but since there are lots of people who would just squander it, it's probably not feasible. The next best is to put all of the SS money into interest-bearing accounts and everyone gets back exactly what they put into it, plus interest, not one penny more or less. Of course, as you said, that would require that the government have any self-control whatsoever, which we all know it doesn't.
    This is why I wish we had an ability for federal popular initiatives, so the people could pass a referendum that would prevent the government from using money paid into Social Security for anything except Social Security, and would prevent the government from investing that money as T-bills or anything else.

  4. #54
    Global Moderator
    Truth will set you free
    digsbe's Avatar
    Join Date
    May 2009
    Location
    Metro Washington DC
    Last Seen
    Today @ 05:25 PM
    Gender
    Lean
    Other
    Posts
    18,952

    Re: Should Retirement Age Be Raised to 70?

    Quote Originally Posted by Korimyr the Rat View Post
    Yes, that is exactly what it is. And that is the only way to save Social Security-- ensure that more people pay into it and fewer collect.
    Why not allow people to opt out of social security and be the masters of their own retirement?
    When the debate is lost, slander becomes the tool of the loser. -Socrates
    Tired of elections being between the lesser of two evils.

  5. #55
    Cheese
    Aunt Spiker's Avatar
    Join Date
    Oct 2009
    Location
    Sasnakra
    Last Seen
    09-10-16 @ 06:10 AM
    Gender
    Lean
    Moderate
    Posts
    28,433

    Re: Should Retirement Age Be Raised to 70?

    I still don't understand why there's an 'age' to retirement . . . people should be able to work/save for retirement and retire whenever they want - the gov should have no say in that.

    I guess, then, the only thing they're really telling you is *when* they will give you *the government* benefits for retirement.
    A screaming comes across the sky.
    It has happened before, but there is nothing to compare it to now.
    Pynchon - Gravity's Rainbow

  6. #56
    Sage
    samsmart's Avatar
    Join Date
    Dec 2009
    Last Seen
    @
    Gender
    Lean
    Other
    Posts
    10,316
    Blog Entries
    37

    Re: Should Retirement Age Be Raised to 70?

    Quote Originally Posted by Aunt Spiker View Post
    I still don't understand why there's an 'age' to retirement . . . people should be able to work/save for retirement and retire whenever they want - the gov should have no say in that.

    I guess, then, the only thing they're really telling you is *when* they will give you *the government* benefits for retirement.
    That's it, pretty much.

  7. #57
    Baby Eating Monster
    Korimyr the Rat's Avatar
    Join Date
    Feb 2006
    Location
    Laramie, WY
    Last Seen
    11-23-17 @ 02:02 PM
    Gender
    Lean
    Libertarian - Left
    Posts
    18,709
    Blog Entries
    1

    Re: Should Retirement Age Be Raised to 70?

    Quote Originally Posted by digsbe View Post
    Why not allow people to opt out of social security and be the masters of their own retirement?
    Because people can plan to work until a certain age and circumstances will conspire to prevent them from doing so. People cannot control when they become too old or too sick to work. I don't believe in retirement at all, but I have no problem with people who save up their money to be able to do so. But people who have worked all of their life should be supported once they are no longer capable of doing so.
    Last edited by Korimyr the Rat; 08-10-10 at 10:36 PM.

  8. #58
    Guru
    JohnWOlin's Avatar
    Join Date
    Jul 2010
    Location
    Kentucky
    Last Seen
    01-17-17 @ 08:15 PM
    Gender
    Lean
    Moderate
    Posts
    3,594

    Re: Should Retirement Age Be Raised to 70?

    Quote Originally Posted by digsbe View Post
    Why not allow people to opt out of social security and be the masters of their own retirement?
    I am very torn on the issue of social security. I think that you should be able to "opt out" and get rebated at least a certain percentage of what you put into it if you'd like, or make some kind of retroactive system, on the other hand millions of Americans really do need this stuff, especially when you get older and the amounting cost of medical bills pile up.
    "We’re going to close the unproductive tax loopholes that allow some of the truly wealthy to avoid paying their fair share. In theory, some of those loopholes were understandable, but in practice they sometimes made it possible for millionaires to pay nothing, while a bus driver was paying ten percent of his salary, and that’s crazy." -Reagan

  9. #59
    Sage
    Harry Guerrilla's Avatar
    Join Date
    Dec 2008
    Location
    Not affiliated with other libertarians.
    Last Seen
    09-01-17 @ 02:38 PM
    Gender
    Lean
    Libertarian
    Posts
    28,955

    Re: Should Retirement Age Be Raised to 70?

    Quote Originally Posted by JohnWOlin View Post
    I am very torn on the issue of social security. I think that you should be able to "opt out" and get rebated at least a certain percentage of what you put into it if you'd like, or make some kind of retroactive system, on the other hand millions of Americans really do need this stuff, especially when you get older and the amounting cost of medical bills pile up.
    I would perfectly happy opting out and leaving what I already contributed in the system, as long as I don't have to pay another dime towards retirement benefits.

    I can see the argument for disability, although that needs serious reform as well, but not for SS.
    It's unfair, to all income spheres, that actively save for their own retirement.
    Not to mention, a major rip off, if you die before retirement age.
    I was discovering that life just simply isn't fair and bask in the unsung glory of knowing that each obstacle overcome along the way only adds to the satisfaction in the end. Nothing great, after all, was ever accomplished by anyone sulking in his or her misery.
    —Adam Shepard

  10. #60
    Sage
    pbrauer's Avatar
    Join Date
    Jun 2010
    Location
    Oregon
    Last Seen
    11-27-15 @ 03:31 PM
    Gender
    Lean
    Liberal
    Posts
    25,394

    Re: Should Retirement Age Be Raised to 70?

    The retirement age should be lower not raised and the cap should be significantly raised or eliminated altogether. Lowering the retirement will leave more room for younger workers.


Page 6 of 9 FirstFirst ... 45678 ... LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •