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re: Would a phase out of social security be viable?

Posted on 7/20/18 at 10:14 am to
Posted by mwade91383
Washington DC
Member since Mar 2010
5877 posts
Posted on 7/20/18 at 10:14 am to
I’m a little younger than you but in full agreement. We can’t. It’ll be dead before you or I can draw on it unless they reform it big time.

Some of the ideas thrown around (most of which would go over like a lead balloon):

-make it means tested (rich people wouldn’t get it at all).
-increase 6.2 to 7.2.
-increase age that you can start getting pay outs.

There are others but those are the three I keep hearing.
Posted by Fat Bastard
coach, investor, gambler
Member since Mar 2009
77510 posts
Posted on 7/20/18 at 10:35 am to
quote:

make it means tested (rich people wouldn’t get it at all).


fine as long as I am paid back what i paid in so F that because they wont do that

quote:

-increase 6.2 to 7.2.


F that. that is SS hoping you die off so they do not have to pay. people in canada are retiring on the CPP at 55 !

quote:

-increase age that you can start getting pay outs.




full retirement for most now is 67. as stated many are pushing for 72. it is nuts.
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