Thread: SS Calculation
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Re: SS Calculation
Old 08-31-2004, 02:40 PM   #14
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I tend to believe in the solvency of some form of social security, but also believe that we are very likely to see a creeping erosion of benefits moving forward. *So the earlier you start collecting, the more likely you might be to reap at a higher benefit rate. *That would tend to make me favor early withdrawal.
SG,

You are thinking logically and forget about politics. The experts predict that SS will remain untouched for those over 50. Reason: - Too big a voting block hence Political Suicide - Hence someone else that won't touch it will be elected.

What they will do is screw the very young (just like today - Tax cuts and Borrow for war in Iraq) and unborn. Also screw bigtime with medicare. Only affects sick people, a minority of the population. If you're 50 + you can take SS to the bank. Probably safer than T-Bills!
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