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View Poll Results: How much of your scheduled SS benefit are you expecting?
I'm over 60, and expecting 100% 43 23.50%
I'm over 60, and expecting 75% 4 2.19%
I'm over 60, and expecting 50% 0 0%
I'm over 60, and expecting 25% 0 0%
I'm over 60, and expecting 0% 0 0%
I'm 50-59, expecting 100% 50 27.32%
50-59, 75% 31 16.94%
50-59, 50% 6 3.28%
50-59, 25% 1 0.55%
50-59, 0% 0 0%
I'm 40-49, 100% 5 2.73%
40-49, 75% 15 8.20%
40-49, 50% 7 3.83%
40-49, 25% 3 1.64%
40-49, 0% 3 1.64%
I'm Under 40, 100% 0 0%
Under 40, 75% 3 1.64%
Under 40, 50% 7 3.83%
Under 40, 25% 1 0.55%
Under 40, 0% 4 2.19%
Voters: 183. You may not vote on this poll

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Old 07-09-2011, 01:45 PM   #41
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Location: New Orleans
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I am 63, and voted that I expect to get 100% of the SS that is due to me as laid out by the federal government all these years.

However, think the odds are about 60:40 that I would get 100%.

So, my vote is that there is a 60% chance that I would get 100%, and 40% chance that I will get less due to means testing or just blatant reduction in benefits.

Also, I am sure that even if I do get 100%, every penny of it of it will be taxed and there will be more issues with it, maybe surcharges or who knows what.

I suspect that none of us can count on getting away unscathed in this reduction, especially not the early baby boomers such as me.

"You can never cross the ocean until you have the courage to lose sight of the shore." - - - C. Columbus
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Old 07-09-2011, 02:03 PM   #42
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Originally Posted by Independent View Post
They only give us 20 questions. Trust me, if the had given me 30, I would have used them.
Fair enough. But next time, one option could be

I'm not expecting 100%, I dunno how much it'll be, but I hope it'll be enough to buy me some bacon.

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Old 07-10-2011, 08:42 PM   #43
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Hello MichealB - I have seen recent references to bacon a few times on this website. Never really understood why people refer to "bacon" in a FIRE context. I only joined this webite a year ago, is there anything I missed regarding the use of bacon ?
Originally Posted by MichaelB View Post
There's no bacon option.
Very conservative with investments. Not ER'd yet, 48 years old. Please do not take anything I write or imply as legal, financial or medical advice directed to you. Contact your own financial advisor, healthcare provider, or attorney for financial, medical and legal advice.
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Old 07-10-2011, 09:26 PM   #44
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We are both 54 years old and have not included SS in our retirement calculations since 1987 when we turned 30; we did, however, always count on Medicare. BIG MISTAKE on our part. At this point we are hoping that we get SOMETHING out of SS to offset the probable extra that Medicare/supplemental health insurance is going to cost us.

Since DH has be diagnosed with Crohn's we do not feel comfortable with him pulling the trigger to FIRE until we get a little more certainty about what the government plans to do going forward ... if that is possible.
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Old 07-10-2011, 11:16 PM   #45
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Join Date: Mar 2011
Location: Kirkland
Posts: 139
I'm 25 and voted "Under 40, 0%". Perhaps if I studied and pontificated on things, I'd have a different answer, but I don't think it makes sense for me to count on anything.

In fact, here are a handful of things I'm specifically NOT factoring into my retirement plans:
  1. Wife's income (she currently has none as she stays at home, but will have it someday, maybe even after we/I FIRE)
  2. Bonuses (stock and cash)
  3. Social Security
  4. Medicare
  5. Any other social programs
  6. The Lottery
All my calculations are based on my salary, expected raises, a steady job, and some hope & good luck!
Aiming to retire at or before 2031 at age 45.

Status: Saving. Started in Oct 2011, I am ~9 months ahead of where I expected to be and about ~3 months ahead of my desired schedule.
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Old 07-11-2011, 03:36 AM   #46
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Posts: 5,075
This poll looks like it was commissioned by a group that is promoting social security and not making drastic changes. The people targeted in the poll were 65+ years of age.

Here is the poll.

Of course the accuracy of polls can always be questioned. But IMO the outcome of is no surprise.

I have seen comments in the news that support this polls outcome.

But I have not found another poll yet that is this direct about the topic.
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Old 07-11-2011, 11:18 AM   #47
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I'm 55, and I expect to receive 100% of the 1% return on investment that I calculated a few years ago

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