Off-Topic: You can thank LBJ
(St. George Specific)
0 messages
Updated
Lakes Online Forum
84,091 messages
Updated 11/8/2024 10:28:12 AM
Lakes Online Forum
5,204 messages
Updated 9/14/2024 10:10:50 AM
(St. George Specific)
0 messages
Updated
Lakes Online Forum
4,172 messages
Updated 9/9/2024 5:04:44 PM
Lakes Online Forum
4,262 messages
Updated 11/6/2024 6:43:09 PM
Lakes Online Forum
2,979 messages
Updated 6/26/2024 5:03:03 AM
Lakes Online Forum
98 messages
Updated 4/15/2024 1:00:58 AM
|
|
|
|
Name:
|
MartiniMan
-
|
Subject:
|
You can thank LBJ
|
Date:
|
3/11/2018 6:32:29 PM
|
|
It's not even close to something you can live on. Just ask my Mom, who lives with us because all she has is social security. That's the crime of the whole thing. Had they taken the trillions in FICA payments and invested them in index funds people could retire on close to $100k per year, if not more. Solution is simple from an actuarial standpoint and impossible politically because Democrats will demogogue it to death to get the senior vote. They need to gradually raise the age you can obtain benefits, means test for those benefits and allow younger people to invest a portion of their FICA payments like your IRA or 401k. Also, the need to eliminate the fraud in the disability portion. It's not hard to fix it other than the politics.
|
|