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Author: Hawkwin Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 75622  
Subject: Re: What age to take SS payments? Date: 12/9/2013 10:38 AM
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One of the monkey wrenches in this discussion is the viability of the social security system itself. Can you really count on this 8% these days? I would say not in my opinion. What are the chances they will rewrite the rules? Fairly good in my opinion.......

Exceptionally unlikely they will rewrite the rules in this political environment and even if they did, even more unlikely to impact ANYONE facing this decision today or the near future.

The only possible change that might impact current or nearterm retirees would be chained-CPI - but the law could easily be written so that chained-CPI only apply to those 54 and younger as of 2014. Taking money away from anyone currently on SS or very close to being elligible would be political suicide for any elected official - which is why any changes are so difficult to even make it to a vote, much less pass Congress, Senate, and POTUS.
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