Join Early Retirement Today
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

Thread Tools Search this Thread Display Modes
Old 07-09-2011, 01:45 PM   #41
Moderator Emeritus
W2R's Avatar
Join Date: Jan 2007
Location: New Orleans
Posts: 40,149
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.

5/17/2018: Retired a second time, this time from my volunteer Admin duties. After 10 years of being on the team, and 40,000+ posts, the time just seemed right. It has been such fun to work with all of our Mods and Admins and I plan to stick around as a regular member.
W2R is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 07-09-2011, 02:03 PM   #42
MichaelB's Avatar
Join Date: Jan 2008
Location: Gone fishing
Posts: 25,767
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.

MichaelB is online now   Reply With Quote
Old 07-10-2011, 08:42 PM   #43
Thinks s/he gets paid by the post
obgyn65's Avatar
Join Date: Sep 2010
Location: midwestern city
Posts: 4,061
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.
obgyn65 is offline   Reply With Quote
Old 07-10-2011, 09:26 PM   #44
Recycles dryer sheets
Join Date: Jan 2010
Posts: 226
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.
misty57 is offline   Reply With Quote
Old 07-10-2011, 11:16 PM   #45
Recycles dryer sheets
studbucket's Avatar
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.
studbucket is offline   Reply With Quote
Old 07-11-2011, 03:36 AM   #46
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Feb 2007
Posts: 5,072
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.
chinaco is offline   Reply With Quote
Old 07-11-2011, 11:18 AM   #47
Moderator Emeritus
Ronstar's Avatar
Join Date: Aug 2007
Location: A little ways southwest of Chicago
Posts: 9,949
I'm 55, and I expect to receive 100% of the 1% return on investment that I calculated a few years ago

Ronstar is offline   Reply With Quote

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

Similar Threads
Thread Thread Starter Forum Replies Last Post
Expecting the Unexpected When It Comes to Retirement Planning SumDay Health and Early Retirement 3 04-30-2013 09:03 AM
I was expecting one of these... just not yet ziggy29 FIRE and Money 14 11-15-2012 09:41 AM
Anyone expecting to take care of aging parents? SingleMomDreamer Young Dreamers 38 03-11-2007 02:19 PM
Anyone expecting an inheritance? laurence Young Dreamers 77 03-03-2007 02:42 PM
Planning for/expecting the worst doesnt help cute fuzzy bunny Other topics 7 02-05-2006 02:17 PM


All times are GMT -6. The time now is 12:24 PM.
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2018, vBulletin Solutions, Inc.