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Started By
Message
re: Should people under 35 be allowed to opt out of Social Security?
Posted on 10/10/17 at 9:42 am to SuperSaint
Posted on 10/10/17 at 9:42 am to SuperSaint
quote:
Social Security has turned into classic welfare millennials and genX is keeping it afloat for the Boomers already
I tried to convince my parents to throw 500k @ apple when their stock did the 7-1 split a few years ago.
My mom was so horrified at the thought, like for some reason they thought that money was literally untouchable.
They would be millionaires today and not working.
Posted on 10/10/17 at 9:42 am to jamboybarry
quote:i think I remember Bush ran in his first term on overhauling SS and part of the plan was to allow more personal investment
Obviously yes, we SHOULD be able to and yes you COULD "invest" that money better than SS.
However, the Gov't will never let that happen. If anything, in the coming years they're going after 401K's
I was young at the time and my first elec Ion voting so this wasn't high on my agenda of things to follow, so I could be wrong
Posted on 10/10/17 at 9:42 am to 50_Tiger
quote:
Should people under 35 be allowed to opt out of Social Security?

Posted on 10/10/17 at 9:43 am to TH03
IRA and 401k from two companies here.
Nokia recently switched from match to a pension which pissed me off.
I don't plan on SSec not being solvent in 34 years
Nokia recently switched from match to a pension which pissed me off.
I don't plan on SSec not being solvent in 34 years
Posted on 10/10/17 at 9:44 am to Armymann50
quote:
no no no no you will be paying me soon
GTFO Paw Paw!!!!!!
Posted on 10/10/17 at 9:45 am to TheCaterpillar
quote:
I get furious every time I see it on my paycheck
Now imagine seeing the number doubled every year and you’d know how self employed people feel about it.
Posted on 10/10/17 at 9:45 am to 50_Tiger
Everyone should be allowed to invest some portion of the SS contribution on their own (benefits reduced accordingly).
It'll never happen as the ponzi scheme is too large and backed by the govt.
It'll never happen as the ponzi scheme is too large and backed by the govt.
Posted on 10/10/17 at 9:46 am to TH03
quote:it's getting obvious 50 is a bit uninformed. Even though he is a good ol' based Baw
quote:
when I turn 60
65 baw
Posted on 10/10/17 at 9:47 am to 50_Tiger
I'm 37 and would opt out tomorrow if they'd let me. I'd donate everything I already paid to the cause. Let me out and we'll call it even
Posted on 10/10/17 at 9:47 am to SuperSaint
quote:
it's getting obvious 50 is a bit uninformed. Even though he is a good ol' based Baw
Read further down the thread....
Posted on 10/10/17 at 9:47 am to 50_Tiger
quote:
Invest
quote:
Vehicles
Lol
Posted on 10/10/17 at 9:48 am to yellowfin
quote:
I'm 37 and would opt out tomorrow if they'd let me. I'd donate everything I already paid to the cause. Let me out and we'll call it even
I am 100% with you there. I will happily let go of every cent to not pay another.
Posted on 10/10/17 at 9:49 am to 50_Tiger
I felt this way when I was 20. I'm 36 now. There is no reason to keep it afloat. No one I know is going to rely on it. Pensions too. Let the people manage their retirement. If they suck, that's on them.
Posted on 10/10/17 at 9:50 am to TU Rob
quote:
I felt this way when I was 20. I'm 36 now. There is no reason to keep it afloat. No one I know is going to rely on it. Pensions too. Let the people manage their retirement. If they suck, that's on them.
Old people are pretty horrible at money management.
Posted on 10/10/17 at 9:53 am to 50_Tiger
quote:
I tried to convince my parents to throw 500k @ apple when their stock did the 7-1 split a few years ago.
This is why we need Social Security. If you'd guess wrong (and many would), some people would be destitute. Then we'd have elderly people w/ no income. We are not willing as a society to let them die on the street, so we would pay them something anyway.
But the age needs to be increased to at least 70.
Posted on 10/10/17 at 9:54 am to TheCaterpillar
quote:
They need to raise the age dramatically.
I mean, how much high do you want it raised? You're basically one step into the grave by the time you're eligible as it is.
Posted on 10/10/17 at 9:55 am to 50_Tiger
Reason #732 I volunteered for both Ron Paul Campaigns in my 20's...
Posted on 10/10/17 at 9:55 am to 50_Tiger
quote:
under 35
I'm 36. I'll be shocked if I see it and have been paying into it for well over a decade.
Posted on 10/10/17 at 9:56 am to Tbonepatron
quote:
Why you hate old people baw?
Because they drive below the speed limit in the left lane
ETA: and they smell funny
This post was edited on 10/10/17 at 9:57 am
Posted on 10/10/17 at 9:57 am to Tiger Prawn
quote:
Because they drive below the speed limit in the left lane
THISSSSSSSSSSSSS!!!!
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