Retire? The key component of my retirement strategy is the cessation of breathing.

I'm just looking for the day when I go to work because I want to, not because I HAVE to.

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" We have nothing to fear but the main stream media itself . . . ."- Adapted from Franklin D Roosevelt for the 21st century

OBK #55

1998 Lincoln Continental - Sold
Max 1984 300TD 285,000 miles - Sold
The Dee8gonator 1987 560SEC 196,000 miles - Sold
Orgasmatron - 2006 CLS500 90,000 miles
2002 C320 Wagon 122,000 miles
2016 AMG GTS 12,000 miles

People are going to start having bigger families like they used to, just to insure there are enough kids around to support the parents when they get old and can't work any longer.

__________________
" We have nothing to fear but the main stream media itself . . . ."- Adapted from Franklin D Roosevelt for the 21st century

OBK #55

1998 Lincoln Continental - Sold
Max 1984 300TD 285,000 miles - Sold
The Dee8gonator 1987 560SEC 196,000 miles - Sold
Orgasmatron - 2006 CLS500 90,000 miles
2002 C320 Wagon 122,000 miles
2016 AMG GTS 12,000 miles

The hell you say???? They wouldn't, would they?

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1980 300TD-China Blue/Blue MBTex-2nd Owner, 107K (Alt Blau) OBK #15
'06 Chevy Tahoe Z71 (for the wife & 4 kids, current mule) '03 Honda Odyssey (son #1's ride, reluctantly) '99 GMC Suburban (255K+ miles, semi-retired mule) 21' SeaRay Seville (summer escape pod)

The writing has been on the wall for years. Either they are going to have to cut benifits or raise taxes...A LOT! No politician is going to say gee sorry but were going to have to cut that SS check by 30%. Consider that a lot of old people vote they would be pissing there politcal career away. So they are going to wait until their is a massive problem and they have to deal with it.

My retirement plan involves real estate that cash flows.

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2016 Corvette Stingray 2LT
1969 280SE
2023 Ram 1500
2007 Tiara 3200

Well, it's one theory I have heard put forth. . . . .

__________________
" We have nothing to fear but the main stream media itself . . . ."- Adapted from Franklin D Roosevelt for the 21st century

OBK #55

1998 Lincoln Continental - Sold
Max 1984 300TD 285,000 miles - Sold
The Dee8gonator 1987 560SEC 196,000 miles - Sold
Orgasmatron - 2006 CLS500 90,000 miles
2002 C320 Wagon 122,000 miles
2016 AMG GTS 12,000 miles

Just put it in a lock box and everything will be okay.

-Al Gore

Many economists disagree with each other all the time . . .

__________________
" We have nothing to fear but the main stream media itself . . . ."- Adapted from Franklin D Roosevelt for the 21st century

OBK #55

1998 Lincoln Continental - Sold
Max 1984 300TD 285,000 miles - Sold
The Dee8gonator 1987 560SEC 196,000 miles - Sold
Orgasmatron - 2006 CLS500 90,000 miles
2002 C320 Wagon 122,000 miles
2016 AMG GTS 12,000 miles

I do not recall the exact/ correct figures, but for the purposes of illustration, these "invented " numbers will demonstrate the point.
When SS was started, approx 30 working people made contributions to pay for one person's benefits.
Now, about 4 people make payments to support each person who is getting benefits.

Do you see the trend?

When it reaches 2:1, the people working will simply stop working.

It must fail.

As for depending on government promises.... I still have my original SS card which bears the statement, " Social Security Account Number XXX-XX-XXXX For Social Security and Tax Purposes---NOT FOR IDENTIFICATION" ( CAPS ADDED FOR EMPHASIS)

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1982 300SD " Wotan" ..On the road as of Jan 8, 2007 with Historic Tags

If we continue to take social security payments from illegal workers, that should buy us a bit more time.

Even pessimistic economists project that the system can stay solvent for several more decades with only relatively minor adjustments. I don't pretend to understand those calculations, but they seem to be accepted by people on both sides of the issue. It's been going great for 70 years, lets keep it going another 30 and then see where we stand.

One change that they should, but probably won't make, is to apply a means test for recipients. If you make more than "x" amount per year from anything other than work, then you don't get SS. That would be just a little more of that socialism that I like so much. Seriously, though, means testing seems like a good idea to me.

I paid into SS for 40 years and I don't receive anything..........because I've saved all my life and have an alternate means of living if SS falters?

I've got one word for that:

BULL$HIT

So have many things that have become obsolete.

So why do they have to contribute to it and not get anything out of it?

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01 Ford Excursion Powerstroke
99 E300 Turbodiesel
91 Vette with 383 motor
05 Polaris Sportsman 800 EFI
06 Polaris Sportsman 500 EFI
03 SeaDoo GTX SC Red
03 SeaDoo GTX SC Yellow
04 Tailgator 21 ft Toy Hauler
11 Harley Davidson 883 SuperLow

No it hasn't. It started out at 2%. It's now 15%. Keep it going another 30 years and it's gonna be, what, 20%?

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You don't need a weatherman to know which way the wind blows - Robert A. Zimmerman

You guys are totally missing the point. Read WHY it is in trouble: because our congress HAS BEEN BORROWING from it for years, mainly to make it look like the budget was balanced under Clinton.

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MB-less