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re: Rand Paul wants you to be 70 before you can draw Social Security

Posted on 11/1/25 at 5:17 pm to
Posted by seedmonster77
Member since Feb 2025
203 posts
Posted on 11/1/25 at 5:17 pm to
There is no "lockbox" with your money in it. The government spends it and some instantly. I think the elite who run this planet would rather no one outside their group lives until SS age.
Posted by Armymann50
Playing with my
Member since Sep 2011
22001 posts
Posted on 11/1/25 at 5:23 pm to
quote:

100% really is his money.


if it was his he would have some say in the matter
Posted by Breesus
House of the Rising Sun
Member since Jan 2010
69539 posts
Posted on 11/1/25 at 5:25 pm to
quote:

The life expectancy for an American today is 78.4 years. So he wants Americans to enjoy only 8 years of peace (if you’re lucky) before you die.


Are you aware of what the life expectancy was when they instituted social security l?
Posted by The Eric
Member since Sep 2008
24151 posts
Posted on 11/1/25 at 5:29 pm to
Would be great if hard working Americans could opt out of the BS “social security” system.

Investing half of what I pay in to social security into just a moderately performing Mutual Fund would far eclipse the amount paid in to the SS, in half the time.
Posted by NC_Tigah
Make Orwell Fiction Again
Member since Sep 2003
135669 posts
Posted on 11/1/25 at 6:04 pm to
quote:

if it was his he would have some say in the matter
He does.
It is a public debt of the United States.

"The validity of the public debt of the United States... shall not be questioned."
Posted by Armymann50
Playing with my
Member since Sep 2011
22001 posts
Posted on 11/1/25 at 6:07 pm to
No, the money paid into Social Security is not your personal money held in a private account; it is a pay-as-you-go system where your taxes pay for the benefits of current retirees, the disabled, and survivors. Those future benefits you expect to receive will be funded by the taxes of future workers.
Posted by Turbeauxdog
Member since Aug 2004
24136 posts
Posted on 11/1/25 at 6:08 pm to
quote:

Are you aware of what the life expectancy was when they instituted social security l?


Are you aware that the maximum deduction once scaled in was only 3% when they instituted social security?
Posted by NC_Tigah
Make Orwell Fiction Again
Member since Sep 2003
135669 posts
Posted on 11/1/25 at 6:44 pm to
quote:

where your taxes pay for the benefits of current retirees
FALSE!

Run your premise back to the origin of SS, along with the original rationale and declarations.

Now then, define legally where those original premises changed.
Posted by Rabby
Member since Mar 2021
1522 posts
Posted on 11/1/25 at 7:09 pm to
quote:

People can be as mad as they want about this but something has to be done to it
Well preventing the politicians from robbing the account would be a refreshing change...
Posted by Rabby
Member since Mar 2021
1522 posts
Posted on 11/1/25 at 7:13 pm to
quote:

It is extremely important the election of the US Senator from each state be elected by that respective states' House of Representatives.
How do you figure that the people in our legislature would be a better method of choosing our senator than the general public?
Have you talked to these people or read what they have written?
Posted by TigerAllNightLong
Member since Jul 2023
995 posts
Posted on 11/1/25 at 7:14 pm to
quote:

If they do, those assholes better give me back every dime I put into it with interest.... I'm 61, put into it since I was 14.

Mr. Tough Guy going to have to eat shite. Should have demanded SS reform 40 years ago.
Posted by dickkellog
little rock
Member since Dec 2024
1921 posts
Posted on 11/1/25 at 7:16 pm to
if i take it at 67 i'll get 4k a month, if i wait till 70 i'l get 5k a month rand is an idiot and he doesn't know how anything works.
Posted by BigoBoys
Arizona
Member since Aug 2019
721 posts
Posted on 11/1/25 at 7:18 pm to
He is a doctor, or at least he has said that many times. Not an economist.
Posted by cajunangelle
Member since Oct 2012
162878 posts
Posted on 11/1/25 at 7:44 pm to
If there was any doubt he is a fake libertarian mole-KNOW NOW. This was Paul Ryan's push back when before he went to the board of Fox News.

Take note he brings this up when DC is a mess, shut down and just in time for midterms. It is like they want R's to lose and D's to take the gavel. Sound familiar?

It is as bad of a mistake as ObamaCare and not affordable with illegals on food stamps.

Bad timing, just in time. They can't even balance a budget, but they want to bitch about 60 year old messes.

70 is asinine. Rand can EABD's.

Posted by kayjay
Baton Rouge
Member since Dec 2007
424 posts
Posted on 11/1/25 at 7:47 pm to
Smart advice. I waited until 70 to max out.
Posted by cajunangelle
Member since Oct 2012
162878 posts
Posted on 11/1/25 at 7:47 pm to
quote:

No, the money paid into Social Security is not your personal money held in a private account; it is a pay-as-you-go system where your taxes pay for the benefits of current retirees, the disabled, and survivors. Those future benefits you expect to receive will be funded by the taxes of future workers.
What is wrong with you? You couldn't be more wrong.
Posted by kywildcatfanone
Wildcat Country!
Member since Oct 2012
136208 posts
Posted on 11/1/25 at 7:49 pm to
Maybe eliminate waste, fraud and abuse and fully fund it as is
Posted by Hangover Haven
Metry
Member since Oct 2013
32123 posts
Posted on 11/1/25 at 8:21 pm to
quote:

Mr. Tough Guy going to have to eat shite. Should have demanded SS reform 40 years ago


Another useless opinion…

From the Poli Board…
Posted by Narax
Member since Jan 2023
6118 posts
Posted on 11/1/25 at 8:27 pm to
Life Expectancy per Social Security
quote:

Male at Birth: 74.74
Female at Birth: 80.18

https://www.ssa.gov/oact/STATS/table4c6.html
quote:

For those who make it to 70 (the 69.83% of us males who make it)
Remaining Life Expectancy: 14.09 years

For the 80.89% of females who make it to 70
Remaining Life Expectancy: 16.27 years

For the 47% of us males who make it to 80 and get paid for 10 years of our SS return... 8.11 years remaining.

For the 62% of women who get 10 years of SS payments, 9.47 years remaining.

For the 16% of us males who make it to 90 and get paid for 20 years of our SS return... 3.91 years remaining.

For the 28% of women who get 10 years of SS payments, 4.62 years remaining.

Not a great investment.

In fact those who claim SS at 62 break even with those who wait until 67 to claim only at ages 78-81 (or about the mark where 50% of us males will be dead)
Posted by Pikes Peak Tiger
Colorado Springs
Member since Jun 2023
9500 posts
Posted on 11/1/25 at 8:33 pm to
I mean that a great idea as long as we don’t, you know, cut actual spending.

I’ll happily work until the day I die without seeing a penny of what I put into the system as long as unelected bureaucrats get theirs and we don’t touch unsustainable entitlements.
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