Personal Accountability.

[1EZduzit]

Originally posted by: zendari

Originally posted by: 1EZduzit

Originally posted by: zendari
The tax rate is already ridiculous Willoughbyva. Take a look at the rates and cap that these swindling baby boomer fvckers paid.

Damn looters


Steeplerot, how about we stop robbing future generations, return the SS rate back to 1%, and invest all the money in alternative fuel?

Social Security was not intended to be a Retirement Plan. Social Security is funded simply as "pay as you go". That is, workers today are funding the Social Security recepients.

Actually, it was. Text

The Original Program

As its 1935 report to President Roosevelt indicates, the committee charged with developing Social Security legislation wanted to help all workers prepare for retirement.

Then why are you complaining about SS. It's helping you prepare for retirement also. I guess you want another fund besides your company pension plan and your IRA. To hell with the old people, it's all about poor little you, isn't it.

Why? Because the rate is fvcking ridiculous and I put in far more than what I get out (not even counting inflation) assuming I don't live to 120?

It worked as a retirement program back then, nobody lived to retirement!

Get used to it, I did.

 

[frankie38]

Originally posted by: zendari
Actually, it was. Text

The Original Program

As its 1935 report to President Roosevelt indicates, the committee charged with developing Social Security legislation wanted to help all workers prepare for retirement.

Actually you have helped me make a point. "Prepare for retirement" does not mean that Soc Sec is the end all and be all for a retiring workers income for their non-working years.

Soc Sec, Pension plans, personal savings and wealth all contribute towards making life possible when someone stops working for an income.

Prior to Soc Sec. There was just personal savings. So, Soc Sec added some diversity to the income stream. that is a good thing.

 

[1EZduzit]

Originally posted by: frankie38

Originally posted by: zendari
Actually, it was. Text

The Original Program

As its 1935 report to President Roosevelt indicates, the committee charged with developing Social Security legislation wanted to help all workers prepare for retirement.

Actually you have helped me make a point. "Prepare for retirement" does not mean that Soc Sec is the end all and be all for a retiring workers income for their non-working years.

Soc Sec, Pension plans, personal savings and wealth all contribute towards making life possible when someone stops working for an income.

Prior to Soc Sec. There was just personal savings. So, Soc Sec added some diversity to the income stream. that is a good thing.

What he said. :thumbsup:

 

[zendari]

Originally posted by: frankie38

Originally posted by: zendari
Actually, it was. Text

The Original Program

As its 1935 report to President Roosevelt indicates, the committee charged with developing Social Security legislation wanted to help all workers prepare for retirement.

Actually you have helped me make a point. "Prepare for retirement" does not mean that Soc Sec is the end all and be all for a retiring workers income for their non-working years.

Soc Sec, Pension plans, personal savings and wealth all contribute towards making life possible when someone stops working for an income.

Prior to Soc Sec. There was just personal savings. So, Soc Sec added some diversity to the income stream. that is a good thing.

I never said it was the only income source for retirees, but the initial purpose was to help people prepare for retirement, a purpose which has now failed.

Get used to it. I did

Yes, because the pennies you put in compares to the hundreds of thousands that my generation has to.

 

[1EZduzit]

Originally posted by: zendari

Originally posted by: frankie38

Originally posted by: zendari
Actually, it was. Text

The Original Program

As its 1935 report to President Roosevelt indicates, the committee charged with developing Social Security legislation wanted to help all workers prepare for retirement.

Actually you have helped me make a point. "Prepare for retirement" does not mean that Soc Sec is the end all and be all for a retiring workers income for their non-working years.

Soc Sec, Pension plans, personal savings and wealth all contribute towards making life possible when someone stops working for an income.

Prior to Soc Sec. There was just personal savings. So, Soc Sec added some diversity to the income stream. that is a good thing.

I never said it was the only income source for retirees, but the initial purpose was to help people prepare for retirement, a purpose which has now failed.

Get used to it. I did

Yes, because the pennies you put in compares to the hundreds of thousands that my generation has to.

LMAO, you think I didn't put in my fair share (and still am)?? You are rationalizizng now.

Edit: I'd like to add that I plan on working past the age where I can get full SS benifits and I'm sure most people will, if their health holds and they have a decent job that they can physically do. None of the studies even takes that fact into consideration. The only ones who will retire at retirement age (or take earky retirenment) are the younger generation who were able to set aside money in IRA's for a long enough period of time to let it get past the "investment curve", another factor your not considering in your percieved drop in benifits of SS.

 

[zendari]

Originally posted by: 1EZduzit

Originally posted by: zendari

Originally posted by: frankie38

Originally posted by: zendari
Actually, it was. Text

The Original Program

As its 1935 report to President Roosevelt indicates, the committee charged with developing Social Security legislation wanted to help all workers prepare for retirement.

Actually you have helped me make a point. "Prepare for retirement" does not mean that Soc Sec is the end all and be all for a retiring workers income for their non-working years.

Soc Sec, Pension plans, personal savings and wealth all contribute towards making life possible when someone stops working for an income.

Prior to Soc Sec. There was just personal savings. So, Soc Sec added some diversity to the income stream. that is a good thing.

I never said it was the only income source for retirees, but the initial purpose was to help people prepare for retirement, a purpose which has now failed.

Get used to it. I did

Yes, because the pennies you put in compares to the hundreds of thousands that my generation has to.

LMAO, you think I didn't put in my fair share (and still am)?? You are rationalizizng now.

Not really, considering your rates are FAR less than mine. If yours is fair, mine is certainly not.

It's great that you want to continue to work, at the very least part time. :thumbsup:

 

[1EZduzit]

Originally posted by: zendari
Not really, considering your rates are FAR less than mine. If yours is fair, mine is certainly not.

It's great that you want to continue to work, at the very least part time. :thumbsup:

I don't see your logic that my rates are less then yours?

I also think that with increased health the vast majority of people will continue to work past retirement age.

 

[zendari]

Originally posted by: 1EZduzit

Originally posted by: zendari
Not really, considering your rates are FAR less than mine. If yours is fair, mine is certainly not.

It's great that you want to continue to work, at the very least part time. :thumbsup:

I don't see your logic that my rates are less then yours?

I also think that with increased health the vast majority of people will continue to work past retirement age.

Put it this way. Your rate at 18 years old was far less than my rate at 18 years old, and the rates are continuing to rise.

While its true that people will work past retirement age, they will also live longer once they retire.