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Old 03-25-2008, 06:47 PM   #9
BrudLee
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Join Date: Feb 2004
Location: Rehoboth Beach, DE
Posts: 3,494
Re: How to Fix Social Security

I just got a letter from Social Security today that said if I earn no more money for the rest of my life, I will be entitled to $560/month when I retire. If I continue to earn money until I'm 62 at this rate, I'll earn $680/month.

What? I'm 37. Twenty-five more years of rock-breaking is supposed to get me an extra $120? Screw you.

If the Federal Government offered people my age and younger the opportunity to opt out of the Social Security plan for 10% of what we've put into it, there would be a stampede of people begging for checks. Since that isn't going to happen, there needs to be means-testing for benefits. Not entirely fair, but it's like Social Security is a lottery, and it only pays out when you lose.
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