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Retirement Discussions / Retire Well on Less

URL:  http://boards.fool.com/sp-says-paying-early-retirement-benefits-is-the-19831492.aspx

Subject:  Re: SS conclusion Date:  11/9/2003  11:11 PM
Author:  workwayless Number:  216 of 1491

SP says,

Paying early retirement benefits is the first thing that should be eliminated altogether. That was an add on to the program that inflates costs.


<tongue-in-cheek>
Actually aren't people who draw SS the longest most responsible for the rising costs?

Most of my relatives worked like dogs paying into SS and collected SS only 4 or 5 years before they died. Some died before even reaching age 62. The longest time any of my relatives ever collected SS was 14 years.

So wouldn't it be most fair to reform SS to base payments on ones anticipated life expectancy?

</tongue-in-cheek>

Do you see how complicated and ludicrous SS reform can be?


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