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re: Social Security and Medicare will be Insolvent in the 2030s
Posted on 10/5/23 at 8:20 am to frogtown
Posted on 10/5/23 at 8:20 am to frogtown
Disclaimer: I want government funded retirement gone. The government shouldn’t be involved in anybody’s retirement.
If the government is going to redistribute wealth (and again I’m not a marxist and don’t believe they should) then there should be no cap.
But if the government is going to exclude people from benefiting, then don’t take their money.
quote:
The Democrats want to remove the cap. I believe it is around 160K now.
If the government is going to redistribute wealth (and again I’m not a marxist and don’t believe they should) then there should be no cap.
quote:
They also want a net worth limit. So, for instance, if you have a net worth of $5 million or more at retirement you would not be able to draw SS.
But if the government is going to exclude people from benefiting, then don’t take their money.
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