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Old 11-07-2007, 10:36 AM   #61
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Originally Posted by 73ss454 View Post
Hey, the more SS I get the more I can leave the Grand Kids.
Is that a promise? If you decide not to leave them your money (or less than you were going to leave them), would they be entitled to complain?
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Old 11-07-2007, 10:41 AM   #62
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Originally Posted by Jay_Gatsby View Post
Is that a promise? If you decide not to leave them your money (or less than you were going to leave them), would they be entitled to complain?
The grand kids are entitled to nothing. I choose to leave them what I have. That's the way life should be.

As far as my SS goes, well, I don't even know you. We all have to fight our own battles and do what's best for us.

As I stated before, get the politicos to keep their hands off my money and I would feel differently.

I'll leave it at that, we're not going to change each others minds.

Good luck.
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Old 11-07-2007, 10:51 AM   #63
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If you guys had followed the Canada Pension Plan lead a decade ago you wouldn't need to have this debate.
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Old 11-07-2007, 10:53 AM   #64
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Unfortunately, you keeping your chair requires the government to step on the throat of my generation and the one after mine.

At some point those generations will defend themselves.

Remember, the armed forces are made up of the young. If you continue to demand our immolation, I would expect them to be the final arbitrators of this dispute.

Which side do you think they will choose


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Originally Posted by 73ss454 View Post
Well, the music about to stop and I already have my chair. I have no interest in having a legacy of giving up any of my SS.

Sorry, but I've done my part as far as I'm concerned and I'm going to stay in the seat and collect.

I see your point but I don't agree. When the politicians stay out of our money I may feel differently.

IMHO your fighting the wrong fight. Your generation should figure out how to get the politicians to stay out of our money and stop asking us to give it up.
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Old 11-07-2007, 11:31 AM   #65
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Unfortunately, you keeping your chair requires the government to step on the throat of my generation and the one after mine.

At some point those generations will defend themselves.

Remember, the armed forces are made up of the young. If you continue to demand our immolation, I would expect them to be the final arbitrators of this dispute.

Which side do you think they will choose
Not sure it's a question of armed forces (although that is an interesting thought), but rather senior care. If you don't care about us, then we won't care about you. So when you run out of money and SS won't pay the bills, don't look to your kids or grandkids for a handout. We won't have any money to give you.
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Old 11-07-2007, 11:32 AM   #66
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Well, the music about to stop and I already have my chair. I have no interest in having a legacy of giving up any of my SS.

Sorry, but I've done my part as far as I'm concerned and I'm going to stay in the seat and collect.
Ditto.

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Boomers have never wanted to change the SS system because it would require a reduction in their benefits or increasing the age at which they could receive such benefits.
Why is it that there is always the talk that "it would require a reduction in their benefits or increasing the age" on the Boomers, but seldom any talk about increasing the SS tax on the Gen X'ers? That to me sounds a little one sided! Gen X'ers want the Boomers to give up their benefits, so what is it that Gen X'ers are willing to contribute....other than the rhetoric that everything is mostly the Boomer's fault?

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As a retiree, you have far more time than the average Gen Xer who is working hard to support a family and has little time/energy to devote to grass roots or organized politics.
I have no vested interest in it, therefore why would I devote my time to it? I fought all of my life for my ideals, even while busting my hump w*rking, and and now that I'm FIRE'd I still fight for my ideals. Seems that maybe the younger generations should band together and fight for themselves, as has been done throughout history. Because quite frankly, it ain't my battle to fight! That's life.
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Old 11-07-2007, 11:46 AM   #67
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Why is it that there is always the talk that "it would require a reduction in their benefits or increasing the age" on the Boomers, but seldom any talk about increasing the SS tax on the Gen X'ers? That to me sounds a little one sided! Gen X'ers want the Boomers to give up their benefits, so what is it that Gen X'ers are willing to contribute....other than the rhetoric that everything is mostly the Boomer's fault?
I don't think Xers are saying they shouldn't have to sacrifice as well. I think what they *are* saying is that not ALL of the sacrifices to "fix" SS should be endured by their generation and those after them, especially since they didn't create the mess that needs fixing.

I've not heard younger people say they shouldn't shoulder their share of sacrifices. I have, on the other hand, heard older generations steadfastly refuse to share even one shred of the sacrifice to fix the system for their kids and grandkids long-term.

I'm in my 40s so I'm kind of a "tweener" where this issue is concerned. But I do believe that pain should be shared by all generations, even if I'd leave the less affluent elderly completely alone. I think the attitude of "it's not my problem if future generations are screwed" is an appalling one, and I'd love to see these people look their kids and grandkids in the eye when they justify screwing them and bankrupting their generations.
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Old 11-07-2007, 12:09 PM   #68
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If AARP executives started acting for the good of all, rather than for aging Americans, IMO they should be turned out in favor of a group that understands their mission better.
Exactly! Let the younger folk organize their own lobbying group.....IF they want the lobbying power.

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I understand their interests need to be represented at the table when talk of "fixing" SS comes up, but their complete refusal to consider any reforms that would require their membership.......to share in ANY of the pain and sacrifice makes them an organization opposed to the common good, IMO.
AARP isn't an organization dedicated to the common good of all.....it's dedicated to the common good of ol' pharts! Everybody else can get their own dang organization!

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Since young people don't vote (or contribute) nearly as much as boomers, of course the gov't would appeal to them instead of us.
DING! DING! DING! If the younger folks could get all of their peers out to vote and stand up publicly for their ideals, they could be heard! Unfortunately, the sad truth is, far too few turn out to vote and thus are not heard.

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We all have to fight our own battles and do what's best for us.


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At some point those generations will defend themselves.
If you younger folks ever band together, we'll cheer you on from our chairs!
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Old 11-07-2007, 12:12 PM   #69
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..... especially since they didn't create the mess that needs fixing.
The Boomers didn't create it either.
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Old 11-07-2007, 12:33 PM   #70
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Youbet...I don't have my 40 credits, so I think I'm out of luck. I do plan to visit SS when I turn 60 tho just to make sure.
I didn't catch the part where you said you didn't have 40 credits. Without 40 credits, it would appear you won't collect any SS based on your own earnings. And if two thirds of your gov pension is greater that the SS you would receive from hubby's account, GPO will offset that to zero as well.
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Old 11-07-2007, 12:57 PM   #71
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"We all have to fight our own battles and do what's best for us."

And people wonder why ERs are viewed as selfish.

Thinking that future generations are "entitled to nothing" is NOT the way it should be.
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Old 11-07-2007, 01:43 PM   #72
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"We all have to fight our own battles and do what's best for us."

And people wonder why ERs are viewed as selfish.

Thinking that future generations are "entitled to nothing" is NOT the way it should be.
OK your right Bongo. So, send me 2K a month for the next 20 years and then when you get to be my age I'll start sending it back.
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Old 11-07-2007, 01:49 PM   #73
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"We all have to fight our own battles and do what's best for us."

And people wonder why ERs are viewed as selfish.

Thinking that future generations are "entitled to nothing" is NOT the way it should be.
That is an interesting point of view bongo. But by the very definition of what Early Retirement is, is it not "selfish" by it's nature? We all want to retire early. Why do we want to do that? It is certainly not for the "public good" is it? No... we all (including me) want to retire early so that "I" have more time in my life to do all of the things that "I" want to do. I could be wrong but I do not see how me retiring early hurts or effects anyone else.
Some have made the claim that I have a responsibility to "society" to work as many yerars as I am physically able to. They say the longer I am working, the more taxes that I pay, the more SS I pay into, and in the long run, wind up helping the "system" as a whole. I of course, like most here (this is the early retirement forum after all) do not believe in this at all.
If you want to contribute as much as you possibly can to society and future generations, then I applaude your efforts to achieve your goals. You are free to donate to charity as much as you might like, and work as many years as you like (maximum payout to SS) to allow your goal to happen. I appreiciate and I am respectful of your views, and you goals. But as for me... I am selfish. I make no apologies or excuses for it. I have earned everything that is coming to me, and I generally feel that others should do the same.
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Old 11-07-2007, 01:55 PM   #74
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Probably the biggest frustration for the younger set (I'm 33), is that we are being given the message "you can't count on SS being around at all when you are 65". That's the impression I get from the majority of articles I read. So the message is to save enough to cover all of your expenses from your savings.

And then the logical conclusion is that between myself and the company who pays for my services, nearly $13,000 is being shelled out every year, and I won't ever get a benefit from it.

Now, I personally don't take that bleak a view of SS, except when planning for ER. If I'm going to retire in my 40s, I can't rely on a government program 15-20 years later. The whole thing is a bit irritating, but even I wouldn't be in favor of changing the rules for the current or soon-to-be retirees.
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Old 11-08-2007, 08:43 AM   #75
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DING! DING! DING! If the younger folks could get all of their peers out to vote and stand up publicly for their ideals, they could be heard! Unfortunately, the sad truth is, far too few turn out to vote and thus are not heard.
Sadly, money talks and people my age (late 20's) normally don't have money for charity, and even less to give to campaigns. The older generations will always fund (for the most part) politicians so we're kinda behind the 8 ball.
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Old 11-08-2007, 09:16 AM   #76
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Hmmm

No SS for the younger generation, the Earth really is flat, alien abuction, etc.

Stupidity reigns every generation. Colombus died believing he had reached the Orient. They spent a lot of time in the Middle Ages working out how many Angels could dance on the head of a pin.

heh heh heh - Every old phart I ran across when I was growing up 'knew' the World was going to Hell in a handbasket. Skipping their view of the younger generation - I still got my BB gun for my 11th Christmas. So there! Me and Red Ryder saved the world - no matter what the silly history books said!
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Old 11-08-2007, 10:24 AM   #77
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Sadly, money talks and people my age (late 20's) normally don't have money for charity, and even less to give to campaigns. The older generations will always fund (for the most part) politicians so we're kinda behind the 8 ball.
I've donated very little money to political campaigns. I have however donated a little time, though not very much, to get the word out. There's the old saying that "Talk Is Cheap", and nothing could be truer! Anyone can talk to friends, family, neighbors, co-w*rkers, or whoever.....for FREE! Hand out flyers, wear a campaign button, attend a rally, or even stick a bumper sticker on the car.....for FREE!

If someone isn't good at starting a conversation, they can where a button, and if someone asks them why they're campaigning for a particular candidate, they can simply answer them. Word of mouth is free. If you don't have spare money to give, that's OK.....you can donate your voice. Most candidates will appreciate that. If they don't, they certainly wouldn't deserve my vote!

Over all of the years ever since I was in HS, I've at various times, gone door-to-door passing out flyers/pamphlets, used bumper stickers, wore buttons, put campaign signs in my yard, gone to political rallies, and occasionally donated money. Though the money donations were few and far between. But the #1 thing that I've done EVERY election, was I've used my voice...literally....for free.

You can also write, email, and/or call your senators and representatives and voice your opinions and concerns, for free or at very little cost. You can also write, email, and/or call your family and friends, and ask them write, email, and/or call their senators and reps. Voices CAN be heard!

You're only "behind the 8 ball", if you sit and do nothing. Step out from behind it, and make a difference! It's YOUR future at stake!
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Old 11-08-2007, 10:28 AM   #78
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All senators (and reps) pay into SSA.
Must be the cold meds..........what a brain fart! Again, counting on Congress members to be sympathetic to the common voter's concerns takes a lot of liquor..........

Why is it every senator seems to be about 100 years old??
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Old 11-08-2007, 01:31 PM   #79
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Why is it every senator seems to be about 100 years old??
All that sex with young staffers keeps them in shape, and gives them a reason to persist. How much of that would they get as private citizens back in Mobile or Provo?

Ha
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Old 11-08-2007, 05:16 PM   #80
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is [Early Retirement] not "selfish" by it's nature? We all want to retire early. Why do we want to do that? It is certainly not for the "public good" is it? . . . as for me... I am selfish. I make no apologies or excuses for it.
I think you are generally accurate, but it is not the only way. Read "Your Money or Your Life" for a dissent. A theme in that book is ER to pursue service to others. Many people also leave paid work to raise families, for another example.

We all are selfish in some aspects of our lives and altruistic in others. Thinking purely of yourself is a mistake. Occasionally, such as when someone says explicitly that they are willing to cannibalize future generations to fund their own leisure, I can't help but comment. That's the way these forums go.
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