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

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  • Yes

    14 29.17%
  • No

    28 58.33%
  • Maybe (explain)

    6 12.50%
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Thread: Should Retirement Age Be Raised to 70?

  1. #81
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    Re: Should Retirement Age Be Raised to 70?

    Quote Originally Posted by Korimyr the Rat View Post
    Sure you can. It's just a matter of how much you pay in premiums. And the original retirement age was higher than the life expectancy at the time, so the vast majority of people did not collect.
    Now that the opposite is true, it isn't insurance but a prepayment plan for most people.
    It's a moronic system.

    I can agree with the disability angle, even more so if it were reformed but for retirement, it's dumb.
    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.
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  2. #82
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    Re: Should Retirement Age Be Raised to 70?

    What's more interesting is people supporting the idea of raising it or getting rid of it all together can't respond to a real world example, instead choose to ignore it and keep going on with their perfect scenarios where getting rid of SSI or raising the age will somehow make everyone happier.
    "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

  3. #83
    Advisor Rightwingnutjob's Avatar
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    Re: Should Retirement Age Be Raised to 70?

    Get rid of that damn thief's pot. My money should be going where ever the hell I want it to go. If I want to pay into a retirement, fund I'll do it of my own choosing and whoever manages it will quite a helluva lot more apt than the U.S. government.

    We're all adults and can decide how to save our own money.

    Collect our tax dollars and use it to protect us and help only the most destitute. Get rid of everything else.

  4. #84
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    Re: Should Retirement Age Be Raised to 70?

    Quote Originally Posted by JohnWOlin View Post
    What's more interesting is people supporting the idea of raising it or getting rid of it all together can't respond to a real world example, instead choose to ignore it and keep going on with their perfect scenarios where getting rid of SSI or raising the age will somehow make everyone happier.
    Most people wouldn't have a problem keeping SSI or SSD, it's SS retirement that's a problem.
    It isn't a good investment for a lot of people (For further reference, ask me).
    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

  5. #85
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    Re: Should Retirement Age Be Raised to 70?

    Quote Originally Posted by JohnWOlin View Post
    What's more interesting is people supporting the idea of raising it or getting rid of it all together can't respond to a real world example, instead choose to ignore it and keep going on with their perfect scenarios where getting rid of SSI or raising the age will somehow make everyone happier.
    Post 29.
    I'm already gearing up for Finger Vote 2014.

    Just for reference, means my post was a giant steaming pile of sarcasm.

  6. #86
    Stigmatized! End R Word! Kali's Avatar
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    Re: Should Retirement Age Be Raised to 70?

    No! I feel we should all be able to retire at age 59
    ~Following My Own Flow~

  7. #87
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    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.
    Must be nice to have money that you can invest. It's really insulting when someone says what you just said.

    Not everyone has money that they can invest. Anyone that makes minimum wage has no chance of it. Especially if they have a family. Between rent, food bill, electric bill, gas bill, water bill, garbage bill, gas for car, insurance for car, insurance for house (or just your belongings if you are renting), health/medical insurance, clothing bill (gotta keep those kids in cloths that actually fit if at all possible), school supplies, and probably more that I'm not thinking of atm. Between all that a person/s making minimum wage you don't even have a penny with which to invest into anything.

    People keep on blaming the failure of SS on not enough of Gen-X, too many baby boomers retireing but the fact is that SS would not be in trouble if our government had kept its paws out of SS. But no they had to put their grubby little paws into the pot and use it in a way in which it was not designed to be used. For example when they took money out of SS during Vietnam without telling anyone about it until after the vet's got back home in 1975.
    I have an answer for everything...you may not like the answer or it may not satisfy your curiosity..but it will still be an answer. ~ Kal'Stang

    My mind and my heart are saying I'm in my twenties. My body is pointing at my mind and heart and laughing its ass off. ~ Kal'Stang

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