NOYB wrote:

"Jim," wrote in message
...

NOYB wrote:


"Jim," wrote in message
...


NOYB wrote:


"DSK" wrote in message
. net...



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?
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?

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

"Jim," wrote in message
...

NOYB wrote:

"DSK" wrote in message
t...


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. Go price
an annuity that will give you that, then price life insurance that will
give you the cost of the annuity.

Then do the same for disability, and add the 2 -- unless you can find a
policy that covers both.


I could buy a really nice insurance policy for the money. My SS statement
just came the other day. I paid $77,596 and my employers have paid $80,737
over the years. Since I am not yet 62, the amount could be increased. A a
present day single premium $25,000 annuity will pay you about $235 / month.
So if the money had gone in over the years, the annuity would be a lot
greater. Medicare started in 1966. We have been paying 1.5% of total
earnings with no limit on amount of earnings. And this is excess to the
above named amounts for SS. You could buy a nice long term disability plan
for these moneys. And If I wait to 66 can collect $1945 month. And
payments were on only the first $7800 in 1970-1971. Increasing to $82,514
with a bigger percentage 31 years later. Seems as if this is not that good
of investment for someone 30 years old. Currently it is 6.2% up to $87,900
and the employer matches the payments. $10,899 /year not including medicare
can buy you a really nice annuity.

Calif Bill wrote:

"Jim," wrote in message
...

NOYB wrote:


"Jim," wrote in message
...


NOYB wrote:


"DSK" wrote in message
. net...



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. Go price
an annuity that will give you that, then price life insurance that will
give you the cost of the annuity.

Then do the same for disability, and add the 2 -- unless you can find a
policy that covers both.



I could buy a really nice insurance policy for the money. My SS statement
just came the other day. I paid $77,596 and my employers have paid $80,737
over the years. Since I am not yet 62, the amount could be increased. A a
present day single premium $25,000 annuity will pay you about $235 / month.
So if the money had gone in over the years, the annuity would be a lot
greater. Medicare started in 1966. We have been paying 1.5% of total
earnings with no limit on amount of earnings. And this is excess to the
above named amounts for SS. You could buy a nice long term disability plan
for these moneys. And If I wait to 66 can collect $1945 month. And
payments were on only the first $7800 in 1970-1971. Increasing to $82,514
with a bigger percentage 31 years later. Seems as if this is not that good
of investment for someone 30 years old. Currently it is 6.2% up to $87,900
and the employer matches the payments. $10,899 /year not including medicare
can buy you a really nice annuity.

Now figure disability

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

"Jim," wrote in message
...

NOYB wrote:


"Jim," wrote in message
...


NOYB wrote:


"DSK" wrote in message
.net...



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.






May I ask who is your policy with, and what is the cost (compared to SS)

I had a Berkshire policy and two Guardian policies, but the two companies
have since merged.

I'll have to get back to you on the cost. Most of it's paid quarterly
through auto-debit, but one of the policies is paid monthly. I'll add them
up and let you know. My life policy is for $1.5m...and the premium is about
thousand/year. I also have a business overhead expense policy that costs
me about $320/quarter...but that only pays out for a couple of months in
the event of a disability.

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

"Jim," wrote in message
...

NOYB wrote:


"Jim," wrote in message
...


NOYB wrote:


"DSK" wrote in message
.net...



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.

"NOYB" wrote in message
nk.net...

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

"Jim," wrote in message
...

NOYB wrote:


"Jim," wrote in message
...


NOYB wrote:


"DSK" wrote in message
h.net...



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

On 8 Mar 2005 06:54:26 -0800, wrote:

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.......AND
'proceeds'...........a 2% return on the stolen money....and chuck wants
to
call it proceeds? He is really giving the current "king" a run for
his
money.

***************

Today's standard: "Socialism is OK when it directly benefits me. I will
justify my suck on the government teat by pointing out that I was
forced, through taxation, to contribute to the government
during my working years and that because I am special I now deserve to
get my money back. Socialism in not OK when it benefits somebody else.
The only good Socialist is a dead socialist, but hands off the
socialist who signs the monthly check for my little piece of the
socialist security system, please."

Are you defining the acceptance of a social security check as 'socialism' now,
Chuck? Or is it 'socialism' when conservatives do it?

Is the acceptance of a social security check any different than the acceptance
of any other annuity check? Are 401k's or 403b's also 'socialist'?

What's the difference?


John H

"All decisions are the result of binary thinking."

On Tue, 08 Mar 2005 10:06:49 -0500, DSK wrote:

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.

Hey Bert Robo-tard, if you want to kill a Socialist maybe you should
start with P.Fritz?

... AND
'proceeds'...........a 2% return on the stolen money....and chuck wants
to
call it proceeds?

You're right, it's not "proceeds", it's money taken from those that are
currently wo
rking. You are confusing Social Security with an investment
plan.


wrote:
Today's standard: "Socialism is OK when it directly benefits me. I will
justify my suck on the government teat by pointing out that I was
forced, through taxation, to contribute to the government
during my working years and that because I am special I now deserve to
get my money back. Socialism in not OK when it benefits somebody else.
The only good Socialist is a dead socialist, but hands off the
socialist who signs the monthly check for my little piece of the
socialist security system, please."


Too many words, Chuck.

DSK


I would have been much happier putting my FICA into a plan of my choice. The
government picked the plan I had to use. The fact that I get back money that I
put in sure doesn't make me a socialist.

But, if your idea of socialism is accepting a social security check, what do you
call liberals who do so? Extremist Socialists?

Wow!


John H

"All decisions are the result of binary thinking."

On Tue, 08 Mar 2005 12:52:37 -0500, DSK wrote:

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


P.Fritz wrote:
Exactly......

In the mean time, I consider it getting stolen money back, not accepting
socialism, nor is it hypocrisy.


Well, whatever you "consider" it, you are accepting benefits from a
socialist program.

I could retire years ahead, or pass money on to others, if it were not being
stolen from me.


Nah, you'd have frittered it away like you did your take-home pay. If
you weren't already saving & investing wisely, increasing your take-home
by the amount taken for Social Security would not have changed your
financial status.

DSK

And since so few can exercise personal responsibility, the government must do it
for them.

You've just nailed the liberal credo on the head!


John H

"All decisions are the result of binary thinking."

"John H" wrote in message
...
On Tue, 08 Mar 2005 12:52:37 -0500, DSK wrote:

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


P.Fritz wrote:
Exactly......

In the mean time, I consider it getting stolen money back, not accepting
socialism, nor is it hypocrisy.


Well, whatever you "consider" it, you are accepting benefits from a
socialist program.

I could retire years ahead, or pass money on to others, if it were not
being
stolen from me.


Nah, you'd have frittered it away like you did your take-home pay. If
you weren't already saving & investing wisely, increasing your take-home
by the amount taken for Social Security would not have changed your
financial status.

DSK

And since so few can exercise personal responsibility, the government must
do it
for them.

You've just nailed the liberal credo on the head!

That is it to a tee........the guvmint knows better than the individual.

It is all about power and control.

The guvmint has already frittered it away instead of saving it........just
more liebral hypocrisy.






John H

"All decisions are the result of binary thinking."