Home
Forums
New posts
Search forums
What's new
New posts
Latest activity
Members
Current visitors
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Brown Cafe UPS Forum
UPS Partners
Management Retirement at 59
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="beentheredonethat" data-source="post: 1187150" data-attributes="member: 4886"><p>It's pretty clear that The brown hornet was referring to "Welfare" and most likely unemployment insurance, not Social security and medicare. </p><p>However, Social Security is messed up. It has been for years. The idea behind social security was when enacted very few people (percentage wise) lived til 65. Back when it was created people retiring and living for another 20 years wasn't any where near the norm. This was meant to be a way of assisting people who got to "old age". It was also meant to be a "portion" of their income, with roughly 1/3 coming from SS, 1/3 from savings and 1/3 from a pension. That was the original intent. If you happened to have a job without a pension, then your savings would need to cover 2/3 of your expenses. Now, people cry unfair that Social security can't be lived on. It was never meant to be. Also, when it first came out the percentage that was taxed and on the income threshold was way lower then what it is now. </p><p></p><p>Social security should have been set up at the beginning to increase the age minimum's as people lived longer. It's pretty common to have people live til 80 now. Normal retirement should be closer to 70 by now (maybe a bit older).</p></blockquote><p></p>
[QUOTE="beentheredonethat, post: 1187150, member: 4886"] It's pretty clear that The brown hornet was referring to "Welfare" and most likely unemployment insurance, not Social security and medicare. However, Social Security is messed up. It has been for years. The idea behind social security was when enacted very few people (percentage wise) lived til 65. Back when it was created people retiring and living for another 20 years wasn't any where near the norm. This was meant to be a way of assisting people who got to "old age". It was also meant to be a "portion" of their income, with roughly 1/3 coming from SS, 1/3 from savings and 1/3 from a pension. That was the original intent. If you happened to have a job without a pension, then your savings would need to cover 2/3 of your expenses. Now, people cry unfair that Social security can't be lived on. It was never meant to be. Also, when it first came out the percentage that was taxed and on the income threshold was way lower then what it is now. Social security should have been set up at the beginning to increase the age minimum's as people lived longer. It's pretty common to have people live til 80 now. Normal retirement should be closer to 70 by now (maybe a bit older). [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Brown Cafe UPS Forum
UPS Partners
Management Retirement at 59
Top