ADVERTISEMENT

What will we do about the looming retirement crisis?

Not weird at all. @snarlcakes reach out to him before our next annual. Thank you
Read: Basic Economics, Price of Tomorrow, Broken Money, and Bitcoin Standard. You’ll be more educated than 99.9% of the people on the planet.

I hate the song. And the commercials ruin every single thing I watch on discovery, many sporting events, and even bravo. They play nonstop and are like nails on a chalkboard
Thank you for being bold and opening up about this. The King dude is super creepy. I don’t like him.
 
  • Haha
Reactions: mcmurtry66
For me it’s the constant Wegovy/jardiance commercials. Also that they color block the commercials (sets, costumes) to match the branding of the pharmaceutical product.

Because we’re being sold to. Feels good.

I miss the JG Wentworth (call 877-CASHNOW!!) annuity liquidation commercials.
The Jardiance commercial jingle is definitely a ChiCom tool for converting us to Communism. Maybe the worst thing since the 1-800-kars4kids or whatever it is.

It is known.
 
We can either means test or lift the cap. Or a mixture. Pick your poison.

The point i'm trying to get at is that we're at the beginning of this problem. It's only going to get worse. What are we going to do about it. Social Security reform is only one answer.

We can also raise the tax rate. Been done many times before.

The original tax rate was 1%.
 
Here's your solution:


Open that up to the rest of the population..., add some sliding scale of amount of Soc.Sec. to income available at retirement...; then figure out a way to protect the financially illiterate and/or the actual illiterate and Problem Solved...

I left out: don't allow Any benefits to flow to anyone not vested in the system which until Trumps Executive Order yesterday we Were doing...

By the way, Social Security benefits are already taxed...
 
Maybe but I rather like old people and am aspiring to be one myself some day.

I think we need to reconsider how we deal with the issues and costs of aging in our modern advanced society.
Put tariffs on “jobs list/not created due to AI”

If a company thinks so little of my community that it doesn’t want to create jobs here, then we can arrange for thw company to go straight to fricking hell with its AI.
 
76 mentioned "don't allow Any benefits to flow to anyone not vested in the system", which I assume means the 40 quarters in the system.
Ah. Disability has a vesting program based on credits worked. I can’t remember how many credits you have to have to be eligible. They used to call them quarters
 
  • Like
Reactions: 76-1
I know disability and survivor benefits do not require being vested, are there other cases?

Totally antidotal but I know of a woman in Ohio (now deceased) whose mother came here from another country at age 70, never work a day of her life in the US yet received benefits until her passing... Its my understanding that this isn't unusual..., which, in my opinion, is outrageous.
 
Last edited:
Ah. Disability has a vesting program based on credits worked. I can’t remember how many credits you have to have to be eligible. They used to call them quarters
From SSA:

Social Security work credits are based on your total yearly wages or self-employment income. You can earn up to 4 credits each year.

The amount needed for a work credit changes from year to year. In 2025 , for example, you earn 1 credit for each $1,810 in wages or self-employment income you work in each quarter of the year. When you've earned $7,240, you've earned your 4 credits for the year.

The number of work credits you need to be eligible for disability benefits depends on your age when your disability begins. Generally, you need 40 credits, 20 of which were earned in the last 10 years ending with the year your disability begins. This is called the 20/40 Rule. However, younger workers may be eligible with fewer credits.
 
Totally antidotal but I know of a woman in Ohio (now deceased) whose mother came her from another country at age 70, never work a day of her life in the US yet received benefits until her passing... Its my understanding that this isn't unusual..., which, in my opinion, is outrageous.
There may be a program I am unaware of but the quick Google has foreign requirements the same as citizen.
 
Dave is good with regards to paying down debt. His investment advice not so much.
So his advice to work like hell and feel pain for 2-3 years to be debit free, and build that mental muscle memory. Then afterwards have everything, stress free, to invest for 30-40 years, is bad.
I suppose you are saying that it is ok to stress the EFF out, borrowing 4% money and invest (AT RISK) to gain 6% gross, net 2%.
Sorry, there is more to life than $ and with all of his principles, Every red blooded American would have more than they would ever allow themselves to spend.
Not everyone needs nor wants the headaches to be Elon or ****erberg or Jeff. Wake in peace and lay down in peace. Ramsey brings that.
 
The Jardiance commercial jingle is definitely a ChiCom tool for converting us to Communism. Maybe the worst thing since the 1-800-kars4kids or whatever it is.

It is known.
Is that the one that the dog jumps into the mouth of the giant intestinal worm? ..
I always view that worm with a Fauci face.
 
This was pre-1996 (80's) so that may be the reason it was allowed... All I know is that her daughter stated that as the case on more than one occasion (with no sane reason to bother to lie about it).
I am all for tightening that.

I suspect, for example, we may let some Afghans who worked for us collect. That would be fine by me. But generally people should pay into the system
 
ADVERTISEMENT

Latest posts

ADVERTISEMENT