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My plan is to sign up for whatever is available and then gift it to my children/grandchildren. It's their money. View Quote Same here. The ROI of SS is so poor the money would be better used in a Vanguard fund and kept in trust until I die and it is gifted to my offspring. My daughter is already set with her 401K. My son will be as well. So I'll probably use my SS check to fund my grandchildren's retirement, so if their generation is left holding the bag when the ponzi scheme collapses, they'll still be okay. |
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Sounds like we have a lot of members that won't be signing up when they get of age. Funding might OK in the future.........that is unless we have a lot of hypocrites here View Quote All the morally superior will be in line for their checks when the time comes, not one will refuse (that is, if they're even in the system, I bet Mr. FD and some of the other posters aren't). It's easy to put the pain of ending it on people that are close to (or in) retirement when you're in your twenties or thirties. How about this...we end SS and all .gov pensions at the same time (including military). |
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All the morally superior will be in line for their checks when the time comes, not one will refuse (that is, if they're even in the system, I bet Mr. FD and some of the other posters aren't). It's easy to put the pain of ending it on people that are close to (or in) retirement when you're in your twenties or thirties. How about this...we end SS and all .gov pensions at the same time (including military). View Quote Yes. Followed by a constitutional amendment prohibiting any government employee from earning more than the nation's median annual income. |
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Sure, just give me back everything I paid in since I was 16 with interest.
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i would pay into it for the rest of my life and collect nothing later if i could get my kids exempted from participating in it...
fuck SS |
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I wonder if all those who are opposed to SS are willing to take a 65% haircut on their personal savings and their wages because SS is just a part of the larger ponzi scheme known as deficit spending which steals from future generations. You want the moral high ground, then accept the consequences.
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I wonder if all those who are opposed to SS are willing to take a 65% haircut on their personal savings and their wages because SS is just a part of the larger ponzi scheme known as deficit spending which steals from future generations. You want the moral high ground, then accept the consequences. View Quote There is a battle for the dumbest post in his thread. |
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The ponzi scheme ends when the baby boomers die.
Get to it old people! |
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I wonder if all those who are opposed to SS are willing to take a 65% haircut on their personal savings and their wages because SS is just a part of the larger ponzi scheme known as deficit spending which steals from future generations. You want the moral high ground, then accept the consequences. View Quote How does me opposing SS have anything to do with what I voluntarily sell my labor to my employer for? |
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Words fail me. View Quote Can you imagine the types of cops NYPD would have if the income was capped at $50k. People complain about corruption now. Lots of areas with a high cost of living would have cops that could teach the policia down in Mexico a thing or two about bribery and extortion. That's just one example but the public sector is far from immune when it comes to getting what they pay for. |
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How about this...we end SS and all .gov pensions at the same time (including military). View Quote The military has revamped their pension, .gov employees did it years ago. Those who join now are essentially getting a 401K matching program. The pensions that are being drawn now were funded during their term of service. Time for SS to do the same. Except the endstate shouldn't be a sustainable program, it should be responsibly ending the program. Everyone is already getting fucked by SS. We just need to figure out how to end it with the least amount of pain. But no. The socialist fuck wits want "all my contributions plus compounded interest" or no change at all. |
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The ponzi scheme ends when the baby boomers die. Get to it old people! View Quote According to my doctor a lot of people currently under 40 years old are so out of shape and over weight a great many won't even live to age 60. The boomers on the other hand will most certainly live until their 80's and some even beyond that. A lot of us will still be above ground when you harpies are tits up in Paradise Cemetery. |
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I wonder if all those who are opposed to SS are willing to take a 65% haircut on their personal savings and their wages because SS is just a part of the larger ponzi scheme known as deficit spending which steals from future generations. You want the moral high ground, then accept the consequences. View Quote |
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How does me opposing SS have anything to do with what I voluntarily sell my labor to my employer for? View Quote The economy in which you and your employer participate in is a false paradigm. Reduce federal spending to what is taken in from taxes for a true pay as you go system and the whole thing collapses. We all operate in a false economy. Take the funny money out of the picture and see what happens to your employer and your wage rate. We are all stealing from future generations, not just those drawing SS. |
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It's not that I don't mind it, I think it fucking sucks, but guess what? I (nor anyone else younger than you) didn't take your fucking money. The fuckers that did that are long past dead or dying. You're advocating stealing from another innocent party to right the wrong that was done to you and that's fucking disgusting. It makes you just as despicable as the motherfuckers who brought this shit down upon all of us. If you walk up to your car and see that it's been broken into, do you walk up to the car in the spot next to you, bust out their window and steal their shit to replace what was stolen from you? View Quote And if some young guy comes and tells you that even though you paid for that car the Gov. tells me to take it from you and I get, would you like that? |
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The military has revamped their pension, .gov employees did it years ago. Those who join now are essentially getting a 401K matching program. The pensions that are being drawn now were funded during their term of service. Time for SS to do the same. Except the endstate shouldn't be a sustainable program, it should be responsibly ending the program. Everyone is already getting fucked by SS. We just need to figure out how to end it with the least amount of pain. But no. The socialist fuck wits want "all my contributions plus compounded interest" or no change at all. View Quote I'm actually all for a gradual elimination of the program - just don't support the "end it now" idiots. I think it could be responsibly wound down over ~ 25 years. Realistically, though, there will be no meaningful change for the foreseeable future. |
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I wonder if all those who are opposed to SS are willing to take a 65% haircut on their personal savings and their wages because SS is just a part of the larger ponzi scheme known as deficit spending which steals from future generations. You want the moral high ground, then accept the consequences. View Quote How much deficit spending is there if we end or even dramatically reduce social spending? Hint 60% of the federal budget is social spending. |
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Easy - you attrition out all the people under the current system. What we should have is a federally guaranteed 401k system where your taxes go to fund the 401k instead of a federal slush fund. That way the money gets put to work in the market and everyone retains individual control over their retirement accounts.
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How much deficit spending is there if we end or even dramatically reduce social spending? Hint 60% of the federal budget is social spending. View Quote True enough, but when you eliminate all that spending on social programs, the economy tanks. Those social program dollars get spent in this economy. Remove it and GDP goes negative for several decades. Don't get me wrong - I'm strongly opposed to SS, Medicare and all the rest of the unconstitutional spending Uncle Sugar does, but it just seems to me that many in here are not seeing the whole picture. SS is just a part of a much larger problem that, if resolved, will be extremely painful for all. |
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I'm actually all for a gradual elimination of the program - just don't support the "end it now" idiots. I think it could be responsibly wound down over ~ 25 years. Realistically, though, there will be no meaningful change for the foreseeable future. View Quote View All Quotes View All Quotes Quoted:
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The military has revamped their pension, .gov employees did it years ago. Those who join now are essentially getting a 401K matching program. The pensions that are being drawn now were funded during their term of service. Time for SS to do the same. Except the endstate shouldn't be a sustainable program, it should be responsibly ending the program. Everyone is already getting fucked by SS. We just need to figure out how to end it with the least amount of pain. But no. The socialist fuck wits want "all my contributions plus compounded interest" or no change at all. I'm actually all for a gradual elimination of the program - just don't support the "end it now" idiots. I think it could be responsibly wound down over ~ 25 years. Realistically, though, there will be no meaningful change for the foreseeable future. I agree. If we put on or realistic hat, we'll be lucky to get a modest age increase before Trump's 8 years (I hope) are done. |
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True enough, but when you eliminate all that spending on social programs, the economy tanks. Those social program dollars get spent in this economy. Remove it and GDP goes negative for several decades. Don't get me wrong - I'm strongly opposed to SS, Medicare and all the rest of the unconstitutional spending Uncle Sugar does, but it just seems to me that many in here are not seeing the whole picture. SS is just a part of a much larger problem that, if resolved, will be extremely painful for all. View Quote View All Quotes View All Quotes Quoted:
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How much deficit spending is there if we end or even dramatically reduce social spending? Hint 60% of the federal budget is social spending. True enough, but when you eliminate all that spending on social programs, the economy tanks. Those social program dollars get spent in this economy. Remove it and GDP goes negative for several decades. Don't get me wrong - I'm strongly opposed to SS, Medicare and all the rest of the unconstitutional spending Uncle Sugar does, but it just seems to me that many in here are not seeing the whole picture. SS is just a part of a much larger problem that, if resolved, will be extremely painful for all. We slowly built all these dumbass social programs over the course of 75 years, but mostly the last 50. If we wanted to, we could tear them down responsibly in 20. The problem is the politicians attempting (often successfully) to use social spending as a means to buy votes. |
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Easy - you attrition out all the people under the current system. What we should have is a federally guaranteed 401k system where your taxes go to fund the 401k instead of a federal slush fund. That way the money gets put to work in the market and everyone retains individual control over their retirement accounts. View Quote You're insane if after all this time you still want the government involved in retirement accounts. |
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We slowly built all these dumbass social programs over the course of 75 years, but mostly the last 50. If we wanted to, we could tear them down responsibly in 20. The problem is the politicians attempting (often successfully) to use social spending as a means to buy votes. View Quote Look at the trouble they are having/going to have revising 0bamacare: a program less than 6 years old, not fully implemented, largely unpopular and used, voluntarily or otherwise, by only 20 million people. |
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Trump never promised or even hinted at entitlement reform. Actually, he more or less said that we need more government spending.
So no, Trump isn't going to do shit about SS and the Republicans don't have hair on their balls. Nothing will happen. Math will eventually cause us to crash and people will say..."Well, I got mine"...if they get it at all. |
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All the morally superior will be in line for their checks when the time comes, not one will refuse (that is, if they're even in the system, I bet Mr. FD and some of the other posters aren't). It's easy to put the pain of ending it on people that are close to (or in) retirement when you're in your twenties or thirties. How about this...we end SS and all .gov pensions at the same time (including military). View Quote View All Quotes View All Quotes Quoted:
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Sounds like we have a lot of members that won't be signing up when they get of age. Funding might OK in the future.........that is unless we have a lot of hypocrites here All the morally superior will be in line for their checks when the time comes, not one will refuse (that is, if they're even in the system, I bet Mr. FD and some of the other posters aren't). It's easy to put the pain of ending it on people that are close to (or in) retirement when you're in your twenties or thirties. How about this...we end SS and all .gov pensions at the same time (including military). |
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The problem with immediately ending SS is that in a few years one hell of a lot of people will freeze or starve to death.
Most people in this country do not have either the capability or the dedication to personally save what is required to adequately retire - and this includes most posting in this thread. I don't have a problem with leaving those that haven't planned for the future out in the cold, but I bet a those calling for abrupt termination of SS don't realize that they won't be able to live on what they currently have saved. Unless people are FORCED to save for retirement, most either won't or won't live the lessor lifestyle required to save enough. I'm not saying that the current SS system is the best way to accomplish the end desired result (obviously not because it's going/broke), but some sort of forced savings plan is most likely going to be needed. So for those calling for the immediate end to SS, they had better come up with a functional replacement or in a few years there will be bodies in the street.... Just my thoughts as a guy living in retirement. Attached File |
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You work for government, correct? Do you contribute to SS (more correctly, are you taxed)? View Quote View All Quotes View All Quotes Quoted:
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Nope. It's just a pants on head retarded idea that baffles me an adult that is able to use a computer decided to share with the world. You work for government, correct? Do you contribute to SS (more correctly, are you taxed)? I pay the SS tax. And you don't have to have a point of view other than sober to understand the ridiculousness of your post. |
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The problem with immediately ending SS is that in a few years one hell of a lot of people will freeze or starve to death. Most people in this country do not have either the capability or the dedication to personally save what is required to adequately retire - and this includes most posting in this thread. I don't have a problem with leaving those that haven't planned for the future out in the cold, but I bet a those calling for abrupt termination of SS don't realize that they won't be able to live on what they currently have saved. Unless people are FORCED to save for retirement, most either won't or won't live the lessor lifestyle required to save enough. I'm not saying that the current SS system is the best way to accomplish the end desired result (obviously not because it's going/broke), but some sort of forced savings plan is most likely going to be needed. So for those calling for the immediate end to SS, they had better come up with a functional replacement or in a few years there will be bodies in the street.... Just my thoughts as a guy living in retirement. https://www.AR15.Com/media/mediaFiles/20962/Capture-127098.JPG View Quote They better hope they were good to their kids. |
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Any other taxes you want back with interest while we are at it? View Quote View All Quotes View All Quotes Quoted:
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First thing is you and your buddies are gonna have to pay me back the max contribution to SS that was confiscated and given to you guys for the last 20 years, plus interest. After that, I don't care, as I am made whole. Any other taxes you want back with interest while we are at it? Ah, that made me laugh. Thank you. I think we all know SS will go to the bitter end. Will there be riots? I bet politicians think there could be. Nobody wants to be seen as the bad guy who is going to take old people's money away. The political suicide one would commit... I'm not sure it's even possible to pull it off. |
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Easy - you attrition out all the people under the current system. What we should have is a federally guaranteed 401k system where your taxes go to fund the 401k instead of a federal slush fund. That way the money gets put to work in the market and everyone retains individual control over their retirement accounts. View Quote it appears that you don't understand what some of those words mean. ar-jedi |
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SS is a tax. Get rid of it.
There is no SS bank account for each contributor. You aren't "paying into" anything. You're paying to support the current retirees. It's just like a pyramid scheme, get in early or get fucked. You get nothing back if it's ever shitcanned. You'll likely get nothing period when you eventually retire anyway, even if you're halfway or just beginning. I accept this and have a separate savings plus a retirement plan that doesn't factor SS. It will be a boon if it happens, however, I'm not dependant on it and neither should anyone else. |
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Sure, just pay everyone back every cent they've put into it. Otherwise, NO!
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They better hope they were good to their kids. View Quote Well-parented children are the retirement plan that God intended. Build a shed in your back yard and your parents can live there. Problem solved. No need to take 12% of your wages for your entire life. If my 4 children won't take care of me and my wife when we are too old to work, then so be it. I should have been a better father. |
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The problem with immediately ending SS is that in a few years one hell of a lot of people will freeze or starve to death. Most people in this country do not have either the capability or the dedication to personally save what is required to adequately retire - and this includes most posting in this thread. I don't have a problem with leaving those that haven't planned for the future out in the cold, but I bet a those calling for abrupt termination of SS don't realize that they won't be able to live on what they currently have saved. Unless people are FORCED to save for retirement, most either won't or won't live the lessor lifestyle required to save enough. I'm not saying that the current SS system is the best way to accomplish the end desired result (obviously not because it's going/broke), but some sort of forced savings plan is most likely going to be needed. So for those calling for the immediate end to SS, they had better come up with a functional replacement or in a few years there will be bodies in the street.... Just my thoughts as a guy living in retirement. https://www.AR15.Com/media/mediaFiles/20962/Capture-127098.JPG View Quote But their argument, at least partially, is that they can't do so because they are being robbed by those drawing SS. |
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But their argument, at least partially, is that they can't do so because they are being robbed by those drawing SS. View Quote View All Quotes View All Quotes Quoted:
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The problem with immediately ending SS is that in a few years one hell of a lot of people will freeze or starve to death. Most people in this country do not have either the capability or the dedication to personally save what is required to adequately retire - and this includes most posting in this thread. I don't have a problem with leaving those that haven't planned for the future out in the cold, but I bet a those calling for abrupt termination of SS don't realize that they won't be able to live on what they currently have saved. Unless people are FORCED to save for retirement, most either won't or won't live the lessor lifestyle required to save enough. I'm not saying that the current SS system is the best way to accomplish the end desired result (obviously not because it's going/broke), but some sort of forced savings plan is most likely going to be needed. So for those calling for the immediate end to SS, they had better come up with a functional replacement or in a few years there will be bodies in the street.... Just my thoughts as a guy living in retirement. https://www.AR15.Com/media/mediaFiles/20962/Capture-127098.JPG But their argument, at least partially, is that they can't do so because they are being robbed by those drawing SS. My point for most, is that currently even if they weren't paying that 7.6% tax they won't, couldn't, or wouldn't, be able to save enough to live in retirement right now. |
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Late to this wonderful ss thread.
Fuck SS, I've been saying it for 20 years, fuck SS disability also. It's not the taxpayers job to take care of you, it was stupid when it was created and it's still stupid today. I can retire in a few years myself, guess what, it's because I saved and have 3 retirement plans, no ss needed. |
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My point for most, is that currently even if they weren't paying that 7.6% tax they won't, couldn't, or wouldn't, be able to save enough to live in retirement right now. View Quote So fuckin what? They should have raised some children that are competent and give a shit about them, then. Jesus Christ, people forget that our species survived for quite some time without a godamn government check. |
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I want my money back. I don't require interest but I want all the money I've paid over the last 28 years. That is quite a bit of money. I want it back if SS gets disassembled.
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