aaronc879
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
- Joined
- Jan 10, 2006
- Messages
- 5,369
I am middle class-ish.... and see too many people in my wage range spending all they make and more because YOLO. If they get a bigger slice of SS because they didn't say no to the new cars every 2 years, or biannual vacations, or McMansions, then why should I? I don't want to be penalized for being one of the responsible ones.
The people you are referring to had a very solid income and will get over $20K/yr in SS. Those people should be ok in retirement. The people I am concerned about are the people who worked 30+ years in low income jobs. They didn't blow their money, they never had money for anything but necessities. When they reach full retirement age they get less than, or around $1000/mo. They worked hard their whole lives and they barely make enough to just survive. One of the candidates proposed a minimum benefit for those who worked at least 30 years. I think it was somewhere are $1250/mo. That would be a good idea. Eliminating payments to people who didn't work 10+ years just because they're married to someone who did would be another good thing to do.