0
- 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: Social Security Administration announces 3.6% cost-of-living adjustment for 2027
Posted on 10/15/26 at 6:16 pm to oldtrucker
Posted on 10/15/26 at 6:16 pm to oldtrucker
Posted on 10/15/26 at 6:28 pm to GRTiger
quote:
just think boomers should be forever grateful that we will keep up the house of cards long enough for them to die as the biggest beneficiaries of the scheme.
You seem to forget that we paid into it every step of the way. And its a poor ROI, but its the only option we have for getting anything back after decades of paying in. Not sure why this is so difficult to understand.
But you just seem to hate anyone older than you.
Posted on 10/15/26 at 6:41 pm to GRTiger
quote:
You suddenly decided to shut down because of a word that triggered you.
I guess all that is supposed to be like a little clue?
You've apparently taken offense when none was intended. If I had any idea as to the 'offense', I'd address it. I don't. You've not specified the post or factset.
Now you're coming with bizarre gibberish about shutting down, and triggers? Perhaps you're running a sensible conversation inside your mind. But on the outside, it's just not there.
Posted on 10/15/26 at 7:00 pm to kywildcatfanone
quote:
its the only option we have for getting anything back after decades of paying in
This is the fricking problem here. We cant talk about fixing it because "imma gets minez"
Posted on 10/15/26 at 7:06 pm to DownshiftAndFloorIt
quote:For purposes of discussion, let's work under the pretense that the 14th Amendment precludes touching benefits for retirees or near retirees.
This is the fricking problem here. We cant talk about fixing it because "imma gets minez"
How would you fix the rest of it?
Posted on 10/15/26 at 7:12 pm to NC_Tigah
quote:
NC_Tigah
Look man, youre talking on a different level than me. Just let me fuss at old people who I know just detest welfare for being welfare recipients.
Posted on 10/15/26 at 7:13 pm to DownshiftAndFloorIt
quote:
Look man, youre talking on a different level than me. Just let me fuss at old people who I know just detest welfare for being welfare recipients.
OkPosted on 10/15/26 at 7:15 pm to SlowFlowPro
quote:It will function like debt though. If payments were to stop, there would be a financial crisis brought on by a lack of liquidity. That would be met with massive stimulus.
SS isn't debt. It's a social welfare program.
The money taken from your check and my check isn't an investment. It doesn't create any sort of personalized obligation of the government to us. That money was taken to fund a social welfare program at the time of taking the money. Nothing more
Social Security is a Ponzi within a greater Ponzi. It doesn’t just get to stop.
Posted on 10/15/26 at 7:17 pm to beaverfever
quote:
It doesn’t just get to stop.
Sure it does. Start phasing it out right now.
Posted on 10/15/26 at 7:25 pm to DownshiftAndFloorIt
That would cause a financial collapse and a debt spiral. The $1.6T that is released into the economy via Social Security has to continue. They can call it something else or have the fed print the money but the cash can’t just stop.
Posted on 10/15/26 at 7:49 pm to DownshiftAndFloorIt
quote:
I get that. I want it to die. Kill it right now. Yesterday would have been better. Never existing at all better yet. Whats the path to killing it?
Social Security is a necessity.
Ninety percent of the population saves nothing. Zero. Absolutely no interest in planning for the future. At least they’re forced to save something.
Without social security, almost everyone over 65 would be living under a bridge or mooching off their relatives.
Posted on 10/15/26 at 8:03 pm to DownshiftAndFloorIt
quote:
This is the fricking problem here. We cant talk about fixing it because "imma gets minez"
Sounds like we found the fix. Millennials can continue to pay in and waive and right to collect. Should fix everything.
Posted on 10/15/26 at 9:20 pm to AwgustaDawg
quote:
That $1 the current 67 year old put into SS was NEVER intended to be a personal retirement account, it was intended to provide a modest income to those who could not earn a modest income. orphans, widows, the elderly and the disabled.
Except the SSA specifically calls it your retirement benefit with a personalized estimate. The first paragraph of your Benefit Statement says:
quote:
Retirement Benefits You have earned enough credits to qualify for retirement benefits. To qualify for benefits, you earn credits through your work - up to four each year. Your full retirement age is 67, based on your date of birth: XX-XX-XXXX As shown in the chart, you can start your benefits at any time between ages 62 and 70. For each month you wait to start your benefits, your monthly benefit will be higher—for the rest of your life. These personalized estimates are based on your earnings to date and assume you continue to earn $X,XXX,XXX.XX per year until you start your benefits .
You, et al, can have all edgy takes on what you believe SS is, but despite your beliefs it doesn't change the indisputable fact that it is a government mandated benefit package that is personalized based on an individual's earnings. Nothing more and nothing less. It might be a shitty benefit package but it's still an earned benefit that you paid for therefore you should have the expectation to receive it when it is time for you to retire.
However, to your point the Benefit Statement also says:
quote:
Social Security benefits are not intended to be your only source of retirement income. You may need other savings, investments, pensions, or retirement accounts to make sure you have enough money when you retire.
This post was edited on 10/15/26 at 11:27 pm
Posted on 10/15/26 at 9:37 pm to fightin tigers
Both homes are paid for...try again. 
Posted on 10/15/26 at 10:20 pm to Houston problem
"But we need all the handouts for seniors, we live on a fixed income!"
Meanwhile yet another increase larger than the average annual wage increase
Meanwhile yet another increase larger than the average annual wage increase
Posted on 10/15/26 at 10:28 pm to GRTiger
quote:
I'm blaming you for the absolute childish sense of entitlement that makes even the discussion of changing anything to boomer benefits a non-starter.
See here is where the problem is. You "insult" those, who like you, were forced to pay into a shitty system by calling it an "entitlement" which has a negative connotation towards the people that want nothing more than to receive the benefit they paid for. Certainly, you can understand this point of view and have empathy for their position.
You fail to realize we empathize with your position. We hate the current system, we never wanted to pay into the system, and we would love to see the system overhauled. However, unlike you we did not believe it is ok for the government to renege on that promise when we were the younger generation. Honestly, it frightens me that the younger generations are ok with "their all or nothing approach" which is essentially the government reneging on a promise.
If we as a citizenry accept a government that is willing to steal from its citizens then what's next? Confiscating IRA's, Taxing ROTH IRA's? Not giving back Tax Refunds to those who overpaid? Not paying back bonds? Where do we draw the line?
Somewhere in this argument there is a compromise that gives choices and a suitable solution for all generations. We just need our elected officials to do their job and find it.
Sadly its been 43 years since there was a true bipartisan effort to fix SS and 22 years since the last politician tried to overhaul the system. He was crucified for it. I seriously doubt there is any leadership willing to find that fix in the near future and the topic will continue to be nothing more than fodder for the generational divide that overtaken this board the past couple of years.
Posted on 10/15/26 at 11:22 pm to DownshiftAndFloorIt
quote:
This is the fricking problem here. We cant talk about fixing it because "imma gets minez"
We can't talk about a fix because for a few reasons:
1) These threads always start with a "shot over the bow" zinger insult at another generation or some edgy take on redefining what SS is and insulting the generation that is currently or about to receive benefits. The mudslinging puts everyone in defensive posture and the results are the typical 10+ page fodder for the generational divide and people trolling. See your quote above (Yes, I admit, I'm part of this problem too)
2) You can't have an intellectually honest discussion unless both sides have empathy for the other's position. From my point of view the older generations have empathy for the younger generation's position because we've been there. We were the younger generation in 2004 when we were finally going to fix the problem only to have our hopes and dreams destroyed by the "Greatest Generation!"
I have yet to see in one of these threads where the younger generation has shown any empathy for someone who has paid hundreds of thousands of dollars and wants to get something back.
3) Let's be honest this is the OT. You can't have an intellectually honest discussion here. We can all throw out ideas here but if we're being honest none of us are experts on the true complexities involved to know if our ideas balance with actually running multi-trillion dollar system. Our ideas will be nothing more than throwing spaghetti on the wall to see if it sticks. As a result any true idea thrown out there will be immediately cut to shreds and followed up with name calling banter. Which will put us back at step 1.
Posted on 10/15/26 at 11:49 pm to TigerTatorTots
quote:
Meanwhile yet another increase larger than the average annual wage increase
Whoa a whole .1% higher. Sometimes you have to read beyond the headlines to understand the "why?"
You do realize that part of the reason the average is lower is because most Sr level positions eventually hit a ceiling or are only raised by the Gov't COLA amount. They typically increase their income through profit sharing and incentive plans not annual wage increases.
Younger workers typically get a higher % annual raise as they gain experience and become more valuable to their company.
quote:
Early-Career Wage Growth: Workers in their 20s and early 30s often experience rapid percentage growth from a low baseline as they transition out of entry-level jobs into specialized positions.
Posted on 10/15/26 at 11:59 pm to Mingo Was His NameO
quote:
Become a teacher
And yet they still bitch how they are underpaid when they get tons of time off every year and never have to worry about losing their pension when they retire.
Posted on 10/16/26 at 12:12 am to beaverfever
quote:
Social Security is a Ponzi inside another Ponzi, blah blah
The middle class, mid to lower middle class, just can’t follow the plot.
If you don’t have rich parents, you’re just not going to survive long term.
It’s like watching a slow motion movie of you sticking a gun in your mouth and pulling the trigger.
At first we tried to help you, but you don’t listen, so after 6 years of Trump, it’s now survival of the fittest. Personally I’m glad some of you won’t make it. My family comes first.
Page 11 of 13
Popular
Back to top
Follow TigerDroppings for LSU Football News