UnThreaded | Threaded | Whole Thread (19) | Ignore Thread Prev | Next
Author: CountUptoten Big funky green star, 20000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 59675  
Subject: Re: When should you take social security? Date: 1/9/2010 2:20 PM
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Recommendations: 0
I haven't done the calc'alatin' but doesn't this make a case for just setting the "retirement age" at 62 and not stringing people along with increases if they work longer? Might even help the unemployment rate to a minor extent if more folks just bow out earlier?

That was certainly one of the intentions behind the original Social Security enactment. In the Depression, this was thought to encouratge older workers to get permanently out of the work force and make room for younger people. I don't know why they ever started letting people collect SS while they are still working.

Count Uptoten
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (19) | Ignore Thread Prev | Next

Announcements

What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement