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re: I support Trumps proposed cuts to Social Security!
Posted on 3/13/24 at 11:07 pm to Jake88
Posted on 3/13/24 at 11:07 pm to Jake88
quote:
I've paid the max for decades. Give me back that money that was stolen from me, plus 5% compounded, which is less than if I'd have invested it, and you'll never hear from me about it again..
Would you support raising the age SS benefits kick in to 70 and stop allowing any early starts even for reduced benefits?
1
Posted on 3/13/24 at 11:32 pm to David_DJS
quote:
Would you support raising the age SS benefits kick in to 70 and stop allowing any early starts even for reduced benefits?
The government wants you to take SS early. The average of death is around 77 for both sexes but for those that reach 62-65 it is up to around 85-90. SS breakeven point is around 80, so most who take it early will end up getting less money over an average lifespan. The government wins.
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