Member since
If you could opt out of Social Security, would you?
Member since
Re: If you could opt out of Social Security, would you?
You are feeling fiesty today, huh? ![]()
Member since
Re: If you could opt out of Social Security, would you?
Member since
Re: If you could opt out of Social Security, would you?
Member since
Re: If you could opt out of Social Security, would you?
scootch
Member since
Re: If you could opt out of Social Security, would you?
Posted by shorty the pumpkin
scootch
Come on! They are ALL thought provoking though!
Member since
Re: If you could opt out of Social Security, would you?
I sure would... put that money into an IRA or something to that effect - at least you know where the money is at all times.
Member since
Re: If you could opt out of Social Security, would you?
Posted by Kriss2c![]()
![]()
I sure would... put that money into an IRA or something to that effect - at least you know where the money is at all times.
That is what I would do too- I would just have the $ that goes to SS go into my retirement account.
Member since
Re: If you could opt out of Social Security, would you?
nope, I think most people are not that disciplined and wouldn't take the money out of their gross pay and put it somewhere. They would want to spend it (like me) ![]()
Member since
Re: If you could opt out of Social Security, would you?
If you take all of the money that the average worker pays into SS in during their working life you will need to work until you're around 80, b/c it will only cover 4 years of your retirement. There are a lot of misconceptions about SS, a topic I happen to know an awful lot about. The reality of it is though, that you don't get 'your' money back when you reach retirement age, you get the money of the currently working population, and on average people take out of the system all of the money that they had put into it in 4 short years. People make MUCH more money out of SS than they will ever put in. Would I like to take all of the my money that is paid into SS taxes back? No, I'd rather learn about the system and do something to make it better. I don't plan on having a 4 year retirement.
Member since
Re: If you could opt out of Social Security, would you?
Posted by Blu-ize
nope, I think most people are not that disciplined and wouldn't take the money out of their gross pay and put it somewhere. They would want to spend it (like me)![]()
Agreed!!!!
