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Are YOU willing to give up YOUR Social Security?

Would you give up your Social Security?

  • Total voters
    45
Nonplussed said:
I would prefer to give it up and have what I have paid in returned to me to invest how I see fit.
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I take this as a NO since the SS money you paid in was spent to write a check to a SS recipient.

Btw, how much are you saving for your retirement beyond your SS tax?
 
American said:
How about interest on the debt? They'll be using your SS to pay for it.
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What debt are you referring to specifically. SS has a surplus. If you are referring to the national debt then using SS funds to pay down the debt would be a problem.
 
Mickey Shane said:
I don't see myself as having ever lived an extravagant lifestyle. You seem to have heard of Hippies, yet no one told you that we shun material possessions? OK, fine, you're just a young pup.

I don't really have a problem with having supported the Greatest Generation's retirement, just to have the Gen-Ys turn a cold shoulder towards me. My life has always been like this, c'est-la-vie pup.
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smile...Its the way they were raised Mickey, these pups have never had a bad day, most of them have never done anything but take from our great country, theyve never been drafted never sacrificed like this younger generation is in Iraq and Afghanistan and the generations before them...they are the lucky spoiled generation of greed and I want it all that are using the USA and middleclass as their make believe war of justice. In the long term they will fail...they are turning middleclass republicans away from them everyday...and believe they need them to win anything.
 
lpast said:
smile...Its the way they were raised Mickey, these pups have never had a bad day, most of them have never done anything but take from our great country, theyve never been drafted never sacrificed like this younger generation is in Iraq and Afghanistan and the generations before them...they are the lucky spoiled generation of greed and I want it all that are using the USA and middleclass as their make believe war of justice. In the long term they will fail...they are turning middleclass republicans away from them everyday...and believe they need them to win anything.
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You say this when you want? You are an interesting person.
 
lpast said:
smile...Its the way they were raised Mickey, these pups have never had a bad day, most of them have never done anything but take from our great country, theyve never been drafted never sacrificed like this younger generation is in Iraq and Afghanistan and the generations before them...they are the lucky spoiled generation of greed and I want it all that are using the USA and middleclass as their make believe war of justice. In the long term they will fail...they are turning middleclass republicans away from them everyday...and believe they need them to win anything.
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That's a most moronic assessment. And if we ended up that way, it's only because you guys raised us in that fashion so who's really to blame, gramps?
 
cpwill said:
HAH, i wish; but that money is long gone - spent. we can't get it "back" simply because the government doesn't have it anymore. better to just cut our losses and run.
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Will, would you be willing to trade these losses that you're willing to cut with mine?
 
Nonplussed said:
That's a most moronic assessment. And if we ended up that way, it's only because you guys raised us in that fashion so who's really to blame, gramps?
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Well you certainly can't put the blame on the Gen-Y'ers. Ya'll have never dealt with responsibility before. It might be too much of a shock to your overprotected lives.
 
Mellie said:
Okay, so how about make it an option. If you choose to have SS taken out of your paychecks and saved for you until you're at retirement age, go for it. If you choose to do it on your own, go for it.
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As long as its a manditory % that cannot be touched, I am less concerned with the small details. However, practicality suggests that even if the funds go to a private account (which I am in favor of), some % still needs to go to a public account to pay for people on disability, kids who's parents died, and all that other stuff SS handles. Even with that, for most people a private account should see a better return.
 
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Mickey Shane said:
Well you certainly can't put the blame on the Gen-Y'ers. Ya'll have never dealt with responsibility before. It might be too much of a shock to your overprotected lives.
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wait a minute. baby boomers ran like scared chickens from their war, spent the rest of their lives generally mooching off of their parents, and are now set to try to pass on the costs of their retirement to their children, having completely failed to save for themselves. when have they ever demonstrated responsibility?
 
liblady said:
Discuss.

i vote no, and i am over 40.
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Yes, I'm under 40.

I believe we should pay out the benefits due to those over 40 who have been paying in all these years, but as for me, to hell with the cheese let me out of the trap.
 
Jerry said:
Yes, I'm under 40.

I believe we should pay out the benefits due to those over 40 who have been paying in all these years, but as for me, to hell with the cheese let me out of the trap.
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thanks. 12345
 
Mickey Shane said:
Well you certainly can't put the blame on the Gen-Y'ers. Ya'll have never dealt with responsibility before. It might be too much of a shock to your overprotected lives.
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What makes you think I am a gen Y'er?
 
cpwill said:
wait a minute. baby boomers ran like scared chickens from their war, spent the rest of their lives generally mooching off of their parents, and are now set to try to pass on the costs of their retirement to their children, having completely failed to save for themselves. when have they ever demonstrated responsibility?
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They haven't. They lost the Vietnam War, if they even fought in it rather than dodging the draft as was so common among them. They have been the most consumption driven generation in history. They raped and pillaged the planet to feed their ever growing, gluttonous appetites for showing off the wealth (they didn't even accumulate themselves) with bigger and bigger cars and McMansions. And now they cry about needing Social Security to cover the expense of their retirements as snowbirds in Florida rather than being responsible seniors and giving to the next generation instead of sucking it dry to feed their unnatural attempts at making old age a second, irresponsible childhood.

**** 'em. Let 'em eat cat food if that's what it takes to make them an example to the next generation of what a gluttonous society will come to.
 
cpwill said:
wait a minute. baby boomers ran like scared chickens from their war, spent the rest of their lives generally mooching off of their parents, and are now set to try to pass on the costs of their retirement to their children, having completely failed to save for themselves. when have they ever demonstrated responsibility?
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We did what! Whose war?

At 14 I was helping my father with a 90# jack hammer dig out for the foundation in decomposed granite for the new building for my parents business, etc. USAF ’68-’72 that delayed my BS. Paid my SS taxes. Collecting now.

If I had screwed up my investments like many others have, I could survive on my SS check. But twice I was mostly out of stocks when they were hit. We got back in essentially at the bottom. Then we were able to sell property at the peak and buy where home values were already depressed. Last year bought back in our original geographic location at 1/3 the price. Cash left over.

So, you are counting on everyone will be as disciplined and lucky as we were. Didn’t happen. Many of my peers, boomers, will only have their SS checks.
 
OhIsee.Then said:
We did what! Whose war?

At 14 I was helping my father with a 90# jack hammer dig out for the foundation in decomposed granite for the new building for my parents business, etc. USAF ’68-’72 that delayed my BS. Paid my SS taxes. Collecting now.

If I had screwed up my investments like many others have, I could survive on my SS check. But twice I was mostly out of stocks when they were hit. We got back in essentially at the bottom. Then we were able to sell property at the peak and buy where home values were already depressed. Last year bought back in our original geographic location at 1/3 the price. Cash left over.

So, you are counting on everyone will be as disciplined and lucky as we were. Didn’t happen. Many of my peers, boomers, will only have their SS checks.
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cpwill is nothing more then a button pusher or who knows maybe a troll, we know the facts because we lived them. SS will not be eliminated any time in the near future, any party that threatens SS will find out what happens to them at the polls on election day.

Your right their are many people that depend on SS benefits for the necessities like food, clothing, housing and medical needs, SS is not a hand out it is a benefit paid for by many years of hard work, I intend to draw my SS for many years to come
 
Mickey Shane said:
All I see here is a bunch of young spoiled punks that don't want to help their elders. Of course, a message board is a horrible example of a cross section of the country's population. Combine that with the fact that SS isn't going to go away and all the young punks are going to have their payments deducted from their checks, or their tax returns audited, and they are going to pay into SS for their whole working lives.

And there is absolutely nothing that they can do about it except cry like babies.

Edit: Now get off of my lawn!
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Actually, I'm an elder. When I look at the soon to be elders, the baby boomers, what I see are a bunch of self-absorbed, self-importent, self-centered people many of whom have done absolutely nothing to prepare for old age and think you owe them a better lifestyle. Most I know that are newly on SS don't hesitate to tell you that people who are still working should pay higher taxes to benefit them.
 
Patrickt said:
Actually, I'm an elder. When I look at the soon to be elders, the baby boomers, what I see are a bunch of self-absorbed, self-importent, self-centered people many of whom have done absolutely nothing to prepare for old age and think you owe them a better lifestyle. Most I know that are newly on SS don't hesitate to tell you that people who are still working should pay higher taxes to benefit them.
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It's also funny, too...I read a report yesterday that 40% of baby boomers are taking their SS early, too. Spoiled, worthless generation.
 
OhIsee.Then said:
We did what! Whose war?
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yours. both my grandfathers went willfully to WWII, and I volunteered for the Marines and went to Iraq, but the baby boomers flipped a lid when asked to go to Vietnam.

If I had screwed up my investments like many others have, I could survive on my SS check. But twice I was mostly out of stocks when they were hit. We got back in essentially at the bottom. Then we were able to sell property at the peak and buy where home values were already depressed. Last year bought back in our original geographic location at 1/3 the price. Cash left over.
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good for you! very nice.

So, you are counting on everyone will be as disciplined and lucky as we were.
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no, i'm not. i'm expecting them to have a minimum of discipline and the generic "luck" of an S&P 500 index fund.
 
Nonplussed said:
It's also funny, too...I read a report yesterday that 40% of baby boomers are taking their SS early, too. Spoiled, worthless generation.
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:lamo: well maybe their greed and sloth will be our salvation after all. they are too instant-gratification-oriented to really screw us on SS.
 
Nonplussed said:
It's also funny, too...I read a report yesterday that 40% of baby boomers are taking their SS early, too. Spoiled, worthless generation.
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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.
 
ecofarm said:
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.
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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.
 
Nonplussed said:
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.
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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.
 
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?
 
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liblady said:
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.
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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.
 
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