"NOYB" wrote in message
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"Jim," wrote in message
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NOYB wrote:

"Jim," wrote in message
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NOYB wrote:


"Jim," wrote in message
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NOYB wrote:


"DSK" wrote in message
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Fits wrote:
Accepting the guvmint check returning the money that has
essentially
been
stolen from you every year of your working life....more or less at
gun
point.......does NOT negate the complaint against socialism.......

Sure it does.

Accepting a Social Security benefits check... which is socialism...
while complaining about socialism, especially saying that socialists
ought to be killed... is just outright hypocrisy.


I'd happily forgo my Social Security check later in life as long as I
am exempt from paying FICA today.



Remember that SS is for more than retirement. Should you get hit by a
truck tomorrow, and are unable to work, you get to collect.


I buy personal disability insurance for that kind of thing.



If the truck kills you, your wife and kids (assuming you have any)
also collect.


That's why my life policy is for.



And I'll bet you have less coverage, and pay more than SS.

Max SS for 1995 is $1939/month -- indexed to cost of living


My policy is $8400/month, tax-free, payable to age 65, and also indexed
to cost of living.

It ain't cheap, but I know it will be there when I need it. And I don't
have to worry about the government monkeying around with it and paying
me a few cents on the dollar because they mismanaged it.






Are you counting on SS after age 65, or passing on to the next world?

The disability pays out until age 65. Hopefully I'll never need it
though.

Seems you have the disability part covered well, how about the retirement
income -- and income for your family should you not make it to 65?

Life policy is $1.5million (which seemed like plenty at the time, but 75%
of that would go to retiring all of my debt right now). Of course, if all
my debt was paid off, my wife would have zero expenses...and could sell my
practice for a decent price. And she could live quite comfortably on that
money, especially with no house mortgage or car payment.


My wife and I also contribute about $25k/year to a pension plan.

And it could be 40-50 k if not for the guvmint theft for SS