How to Fix Social Security

BrudLee · 03-25-2008, 06:47 PM

I just got a letter from Social Security today that said if I earn no more money for the rest of my life, I will be entitled to $560/month when I retire. If I continue to earn money until I'm 62 at this rate, I'll earn $680/month.

What? I'm 37. Twenty-five more years of rock-breaking is supposed to get me an extra $120? Screw you.

If the Federal Government offered people my age and younger the opportunity to opt out of the Social Security plan for 10% of what we've put into it, there would be a stampede of people begging for checks. Since that isn't going to happen, there needs to be means-testing for benefits. Not entirely fair, but it's like Social Security is a lottery, and it only pays out when you lose.

View Poll Results: How Would You Fix Social Security?
Raise Tax	0	0%
Cut Benefits	1	4.17%
Privatize	12	50.00%
Other (explain)	11	45.83%
Voters: 24. You may not vote on this poll

03-25-2008, 06:47 PM	#11
BrudLee Playmaker Join Date: Feb 2004 Location: Rehoboth Beach, DE Posts: 3,494	Re: How to Fix Social Security I just got a letter from Social Security today that said if I earn no more money for the rest of my life, I will be entitled to $560/month when I retire. If I continue to earn money until I'm 62 at this rate, I'll earn $680/month. What? I'm 37. Twenty-five more years of rock-breaking is supposed to get me an extra $120? Screw you. If the Federal Government offered people my age and younger the opportunity to opt out of the Social Security plan for 10% of what we've put into it, there would be a stampede of people begging for checks. Since that isn't going to happen, there needs to be means-testing for benefits. Not entirely fair, but it's like Social Security is a lottery, and it only pays out when you lose. __________________ There's nowhere to go but up. Or down. I guess we could stay where we are, too.

How to Fix Social Security

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