- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Do you believe in Social Security choice?
Posted on 7/7/14 at 3:24 pm to goldennugget
Posted on 7/7/14 at 3:24 pm to goldennugget
When social security was passed, the retirement age was the same as the the average life expectancy. Today, people are living much longer. If the retirement age for social security more closely matched the average life expectancy, it would be solvent.
The issue is that having Social Security there for retirees does two things:
It reduces workers' abilities to save as more of their income goes to taxes.
It incentivizes not saving because citizens are guaranteed income at the end of their lives whether they save, work, or not.
The issue is that having Social Security there for retirees does two things:
It reduces workers' abilities to save as more of their income goes to taxes.
It incentivizes not saving because citizens are guaranteed income at the end of their lives whether they save, work, or not.
0
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News