"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
...
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

This will buy you a nice plan with disability included.