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Bill McKee Bill McKee is offline
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First recorded activity by BoatBanter: Sep 2009
Posts: 1,197
Default Looking out for the wealthiest 2%


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On Mon, 19 Apr 2010 18:33:23 -0400, bpuharic wrote:

On Sun, 18 Apr 2010 21:11:51 -0400, wrote:

On Sun, 18 Apr 2010 18:06:32 -0400, bpuharic wrote:

Uh? Social security will be broke before too long,

medicare may be. social security is in decent shape.

Social security is broke right now, spending more than it takes in.


for the last month, yes.

you don't read the news



The boomers are just starting to wallow up to the trough. This will
never recover. Most will not be waiting for 66 either, they are taking
it at 62. I am the only person I know over 62 who is not collecting.


You should be collecting. When I signed up at 62, Suzy Orman said you had
to live to 73 or maybe 76 to break even. The Social Security guy stated I
would be ahead of the game if I lived past 80. You don't think they will
have cut benefits in the next 13 years? Since the age to collect goes up
every year, that is the same as cutting benefits. They just have not got to
those 62 year olds yet.