View Poll Results: Would you give up your Social Security?

Voters
51. You may not vote on this poll
  • Yes, I am under 40

    19 37.25%
  • No, I am under 40

    11 21.57%
  • Yes, I am over 40

    7 13.73%
  • No, I am over 40

    14 27.45%
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Thread: Are YOU willing to give up YOUR Social Security?

  1. #171
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    Re: Are YOU willing to give up YOUR Social Security?

    Quote Originally Posted by Nonplussed View Post
    It's also funny, too...I read a report yesterday that 40% of baby boomers are taking their SS early, too. Spoiled, worthless generation.
    They lose ~10% for taking it ~five years early. The loss by taking it early is not eaten unless they live to something like over 90 and they begin to lose total cash in the decision. In other words, the money you get during the early period is not paid back until a generally unrealistic age.

    Who wouldn't??

    You are gonna wait 5 years to get that 10% pro-rated monthly while I collect checks for 5 years and don't see a downside until I'm like 90? Hell, if I invest the early money I can probably do better than the cost of the penalty.


    At least, that's what I heard.

  2. #172
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    Re: Are YOU willing to give up YOUR Social Security?

    Quote Originally Posted by ecofarm View Post
    They lose ~10% for taking it ~five years early. The loss by taking it early is not eaten unless they live to something like over 90 and they begin to lose total cash in the decision. In other words, the money you get during the early period is not paid back until a generally unrealistic age.

    Who wouldn't??

    You are gonna wait 5 years to get that 10% pro-rated monthly while I collect checks for 5 years and don't see a downside until I'm like 90? Hell, if I invest the early money I can probably do better than the cost of the penalty.


    At least, that's what I heard.
    I'm not saying monetarily it isn't that big of an impact. I'm just saying the decision of 40% of them to start taking it early is just another example of their worthless, consumption driven attitudes.

  3. #173
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    Re: Are YOU willing to give up YOUR Social Security?

    Quote Originally Posted by Nonplussed
    I'm not saying monetarily it isn't that big of an impact. I'm just saying the decision of 40% of them to start taking it early is just another example of their worthless, consumption driven attitudes.
    Are you shocked at this? It wasn't our (or mine, at least) generation that invented entitlement. Those geezers of today are well versed in this philosophy.

  4. #174
    global liberation

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    Re: Are YOU willing to give up YOUR Social Security?

    My point was, it is a simple financial decision that in most cases is best.

    You're asking them to make poor financial decisions, for your benefit? Are you sure you're not a commie?

    Those bastards! Doing what is best for them, within their rights!

    Ain't that how the free market works?
    Last edited by ecofarm; 04-28-11 at 02:27 PM.

  5. #175
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    Re: Are YOU willing to give up YOUR Social Security?

    Quote Originally Posted by liblady View Post
    i asked for age specifically becasue i think older people would vote dirrentelty than younger people. i was also hoping for those who deride entitlement programs to weigh in......no surprise they have not.
    Sounds like what you expect is for those against entitlements to give up what they have paid into the benefit. That's totally ridiculous. Being against entitlements does not mean you give 25 to 30 years worth of taxes withheld.
    "He who does not think himself worth saving from poverty and ignorance by his own efforts, will hardly be thought worth the efforts of anybody else." -- Frederick Douglass, Self-Made Men (1872)
    "Fly-over" country voted, and The Donald is now POTUS.

  6. #176
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    Re: Are YOU willing to give up YOUR Social Security?

    How is it benefiting me if they wait until 65 to actually retire and start drawing retirement benefits? I think you are trying to pick an argument where none exists.

    I was simply making a comment on their grabby claws mentality and how they will consume and gratify themselves the instant gratifiction is presented for them to consume.

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