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Sat Nov 17, 2012, 05:12 PM

First of all, if they raise the retirement age, you will still be able to take your SS but it will

be adjusted downward. The same goes with disability.

Not that I am saying that this is a good thing, especially for African American men because their median age expectancy already guarantees that almost half of the males paying into SSI will never see a dime.

But again, life expectancy for African American males is skewed since the mortality rate for younger African Americans is higher than the rest of the population and so these potential recipients will not have paid much into SSI.

The problem with raising the age expectancy is that more people will be working beyond the traditional retirement of 65 and so the turn over of employment will be affected.

But then again, more people are delaying their entry into the work force by going to school.

There is a lot more to the considerations of raising the age when you can start taking your full benefits than meets the eye.

Having brought this up, I personally don't see why there is such a push to raise the retirement age. Once the Basketball in the Cobra that is Boomer demographic bunt start to pass on to that big commune in the sky, the demographics should even out.

The best way to sanely solve these problems is to stop spending more money than we take in. This started to happen when the rates for capital gains taxes were lowered starting during the Reagan years. But that's another story for a different post.

Again, far too often the people in control of our country are the people who have the worry least about as they close in on their golden years. How can they even relate to someone who is looking forward to retirement and suddenly discover that the rules are being changed once again, and not in their favor?

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Reply First of all, if they raise the retirement age, you will still be able to take your SS but it will (Original post)
WCGreen Nov 2012 OP
TheKentuckian Nov 2012 #1
Poll_Blind Nov 2012 #7
loudsue Nov 2012 #2
splat Nov 2012 #3
Iggy Nov 2012 #4
Sekhmets Daughter Nov 2012 #6
Iggy Nov 2012 #8
Sekhmets Daughter Nov 2012 #5
julian09 Nov 2012 #9
Sekhmets Daughter Nov 2012 #10

Response to WCGreen (Original post)

Sat Nov 17, 2012, 05:22 PM

1. If they raise the age, I'll fight them all my days until they are toast.

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Response to TheKentuckian (Reply #1)

Sat Nov 17, 2012, 05:28 PM

7. See, I was thinking about posting something but you basically sum it up nicely.



PB

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Response to WCGreen (Original post)

Sat Nov 17, 2012, 05:23 PM

2. Nobody over 65 can even FIND a fucking job!

What are we supposed to retire from??? And how do we support ourselves while we're unemployed waiting for social security to be doled out later?

That's so fucking unrealistic.

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Response to WCGreen (Original post)

Sat Nov 17, 2012, 05:23 PM

3. Employers don't want doddering employees to stay on

They want the older workers to retire so they can be replaced with younger ones.

But the older ones will feel they have to stay to get a better check every month for the rest of their lives -- it's not a big enough check that you can afford to shrink it.

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Response to WCGreen (Original post)

Sat Nov 17, 2012, 05:24 PM

4. WHY

 

after paying (thus far) into the SS system for thirty years, would I be willing to be paid LESS??

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Response to Iggy (Reply #4)

Sat Nov 17, 2012, 05:27 PM

6. Most people begin collecting SS

at age 62...70% in fact.

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Response to Sekhmets Daughter (Reply #6)

Sat Nov 17, 2012, 05:30 PM

8. Interesting Stat, However

 

I'm not interested in schemes to raise the retirement age to 68- or higher- to qualify for full benefit.

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Response to WCGreen (Original post)

Sat Nov 17, 2012, 05:24 PM

5. 70% of retirees

elect to take their Social Security benefits early, at age 62.

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Response to Sekhmets Daughter (Reply #5)

Sat Nov 17, 2012, 06:08 PM

9. I know a few who receive at 65 and are still working full time.

 

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Response to julian09 (Reply #9)

Sun Nov 18, 2012, 10:45 AM

10. Yep...

You can work as long as you want, but if you earn above a certain amount, your benefits will be taxed as well as your income.

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