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re: I'll say it: a paultry 2.8% COLA for retirees - who

Posted on 10/24/25 at 3:02 pm to
Posted by dickkellog
little rock
Member since Dec 2024
2910 posts
Posted on 10/24/25 at 3:02 pm to
actually jethrine, the boomers will be the first generation to take out less than the paid in, the korean war generation broke even but nobody cleaned up like the greatest generation
Posted by Auburn1968
NYC
Member since Mar 2019
26487 posts
Posted on 10/24/25 at 3:16 pm to
quote:

You are going to end up getting wayyyy more in ss payments than you paid in


That first $1000 put into SS 40 years ago will earn around 2% interest which means it will be $2000 with compounded interest. According to an inflation calculator, if you bought a product in 1985 for $1000, it would cost over $3000 dollars today. That's what happens when the SS Trust Fund pays interest lower than the rate of inflation.

Now if that money had been put into a stock index it would be about $36000 today. SS is just a part scam and a big part of a government skim.
Posted by Auburn1968
NYC
Member since Mar 2019
26487 posts
Posted on 10/24/25 at 3:19 pm to
quote:

Why do you think you are entitled to more money than you paid in


You must be really good at investing if you don't expect a good ROI.
Posted by Bamanjo
Member since Sep 2025
219 posts
Posted on 10/24/25 at 3:23 pm to
Boomers whining about their SS after buying a house for 2 raspberries in 1975 and voting for policies that will bankrupt the nation and consign the next generation to servitude of oligarchs. Get proper fricked.
Posted by Auburn1968
NYC
Member since Mar 2019
26487 posts
Posted on 10/24/25 at 3:29 pm to
quote:

quote:

How much money would I have if I had been allowed to invest this money instead of it being in socialist government program?

Honestly, likely very little more. Most people, especially young ones spend all they make.


Yet if they work they still have to pay FICA.
Posted by wfallstiger
Wichita Falls, Texas
Member since Jun 2006
15753 posts
Posted on 10/24/25 at 3:29 pm to
That would be the Progressive side of the aisle of which you might belong given your potty mouth
This post was edited on 10/24/25 at 3:30 pm
Posted by RollTide4547
Member since Dec 2024
4714 posts
Posted on 10/24/25 at 3:31 pm to
quote:

By the way, if you were trying to call me a “fig”, try using a comma before the term next time. With your shitty grammar, it doesn’t read correctly.
Please see my previous comment about no F's to give fig.
Posted by Bamanjo
Member since Sep 2025
219 posts
Posted on 10/24/25 at 3:38 pm to
quote:

That would be the Progressive side of the aisle of which you might belong given your potty mouth


Look at the data, it's bipartisan
Posted by RollTide4547
Member since Dec 2024
4714 posts
Posted on 10/24/25 at 3:38 pm to
quote:

Yet if they work they still have to pay FICA
True, like everyone else. Like all of those that came after SS started and before you and I. I could retire right now and withdraw from my 401k (balance 1.5 Million), but I'd lose too much due to my companies ESOP program. Last year the increase in my ESOP balance was 1 1/4 my annual salary. If I retire, I'd be walking away from over twice my salary. When I do retire, I'm gonna enjoy spending the SS that the young folks are paying me.
Posted by TigerAllNightLong
Member since Jul 2023
1148 posts
Posted on 10/24/25 at 3:40 pm to
Retirees have had a lifetime to reform socialized “retirement”. Screw them.
Posted by RollTide4547
Member since Dec 2024
4714 posts
Posted on 10/24/25 at 3:53 pm to
quote:

Boomers whining about their SS after buying a house for 2 raspberries in 1975 and voting for policies that will bankrupt the nation and consign the next generation to servitude of oligarchs. Get proper fricked.


Average home price in 1975 was "$38,100 to $42,100". Average interest rate was 9.05%. A thirty year mortgage had a payment of $699.10. The median income for a family in 1975 was $13720 or $1144 monthly. So the payment for an average home in 1975 was 61% of the family gross income.

Average home price in 2025 is $512,800. Average interest rate is 6.19%. A 30 year mortgage has a payment of $3512. The median family income in 2025 is $104,200 or 8683.33. So the payment for the average home in 2025 is 40.45% of the family gross income.

How exactly are people today worse off?
Posted by RollTide4547
Member since Dec 2024
4714 posts
Posted on 10/24/25 at 3:54 pm to
quote:

Retirees have had a lifetime to reform socialized “retirement”. Screw them.
If you work, you're gonna have a lifetime paying folks like me. I'm gonna enjoy spending your money.
Posted by jclem11
Chief Nihilist
Member since Nov 2011
9767 posts
Posted on 10/24/25 at 3:54 pm to
Average is a terrible metric to prove your point, drunk Roger.

Go study some stats and get back to us.
Posted by Nosevens
Member since Apr 2019
19297 posts
Posted on 10/24/25 at 4:05 pm to
Mad ? I made mine and my kids received great education. They now are enjoying the fruits of their hard work with great lives. I don’t have guilt about being white, conservative or worried about how their lives progress. I’m just laughing at people like you who can’t handle dealing with their own lives and feel the need to blame others. Nut up and grow up
Posted by Bamanjo
Member since Sep 2025
219 posts
Posted on 10/24/25 at 4:05 pm to
quote:

The median family income in 2025 is $104,200


citation please
Posted by RollTide4547
Member since Dec 2024
4714 posts
Posted on 10/24/25 at 4:13 pm to
quote:

citation please
The Great Google.

"The estimated U.S. median family income for 2025 is $104,200, according to the U.S. Department of Housing and Urban Development. Other sources report different figures, such as the Census Bureau indicating a 2024 median household income of $83,730 (the most recent full-year data available). The median income varies significantly depending on the source and the specific definition used (e.g., family vs. household).
$104,200: This is the national median family income estimate for 2025, based on U.S. Department of Housing and Urban Development data.
$83,730: This was the U.S. median household income in 2024, according to the Census Bureau. This is often cited as the most recent, reliable figure for a typical household.
Varies by source: Other estimates for 2025 include $83,680 (Motio Research estimate for June 2025) and $74,580 (Yahoo Finance citing 2024 Census data for median income for the upper-middle class).
Varies by location: Median income is not uniform across the country and varies by state. For example, HUD provides different median family income estimates for different regions and metropolitan areas within each state.
No Significant Change in Estimated U.S. Median Household Income
Sep 8, 2025 — According to the Current Population Survey's 2025 Annual Social and Economic Supplement (CPS ASEC), there wasn't a sign...
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Census.gov

Income, Poverty and Health Insurance Coverage in the U.S.: 2024
Sep 8, 2025 — Income estimates are based on the concept of money income and do not account for the value of in-kind transfers. They a...
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Census.gov

Mortgage rates fall again, reaching lowest level in a year
Oct 21, 2025 — The national median family income for 2025 is $104,200, according to the U.S. Department of Housing and Urban Developm...
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Bankrate"


If we use the 2024 estimate, the monthly income would be 6977 and the percentage for house payment is 50.3%. That's still 11% better than those in 1975.
Posted by RollTide4547
Member since Dec 2024
4714 posts
Posted on 10/24/25 at 4:20 pm to
quote:

Nut up and grow up
This right here!
Best thing that ever happened to me was realizing that ALL of my problems were and are caused by the decisions that SOB staring back at me in the mirror had made.
Posted by Bamanjo
Member since Sep 2025
219 posts
Posted on 10/24/25 at 4:25 pm to
quote:

Average home price in 1975 was "$38,100 to $42,100". Average interest rate was 9.05%. A thirty year mortgage had a payment of $699.10. The median income for a family in 1975 was $13720 or $1144 monthly. So the payment for an average home in 1975 was 61% of the family gross income.


Also not sure about this part, when I do a 30 year at 9% with 20% down I see a month of $260. I bet you used an online calculator that assumes 2025ish property taxes and home insurance premiums.

Paying $700 over 30*12 months plus 20% would mean, by your math, you pay 260k for a 40k house...
This post was edited on 10/24/25 at 4:30 pm
Posted by Penrod
Member since Jan 2011
55503 posts
Posted on 10/24/25 at 4:32 pm to
quote:

Us millennials and the Zoomers will have to fix all this shite that you dumbass greedy boomers fricked up.


I’m a boomer. They’ve pushed my retirement age back to almost 68. I’m already fixing it. Plus, I had four kids. If you pussies would have done that we would be in great shape.
This post was edited on 10/24/25 at 4:33 pm
Posted by DTRooster
Belle River, La
Member since Dec 2013
9050 posts
Posted on 10/24/25 at 4:39 pm to
quote:

You are going to end up getting wayyyy more in ss payments than you paid in
no the fuk I’m not. Better check your calculations
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