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Social Security Has About One Decade Left Before It Runs Short of Cash
Hotair ^
| 05/08/2024
| Jazz Shaw
Posted on 05/08/2024 8:55:28 PM PDT by SeekAndFind
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To: SeekAndFind
Full Retirement Age raised to 72 coming up...
21
posted on
05/08/2024 9:30:32 PM PDT
by
Chode
(there is no fall back position, there's no rally point, there is no LZ... we're on our own. #FJB)
To: SeekAndFind
Gee, wasn’t it just last week that Biden bragged how he had saved SS, made SS solvent?
Where did all that $$ go? Straight into the corrupt DNC Biden political machine? Via son Hunter hunter Biden?
22
posted on
05/08/2024 9:32:15 PM PDT
by
faithhopecharity
(“Politicians it is likely israre not born. They're excreted.” Marcus Tillius Cicero (106 to 43 BCE))
To: Chode
That’s why I started early. I did the math.
I wind up with the same amount of money up to age 80 and a few months (maybe 3) vs. waiting for FRA.
Now if I was still working my career, no.
BUT the good news is I can still win Powerball and it doesn’t affect anything.
But I very rarely play hahahaha
23
posted on
05/08/2024 9:34:52 PM PDT
by
SaveFerris
(Luke 17:28 ... as it was in the Days of Lot; They did Eat, They Drank, They Bought, They Sold ......)
To: SeekAndFind
If they cut Social Security but not public employee pensions there will be a revolution
To: SeekAndFind
I’ll be 92 God willing, but then Jesus will have come and got us believers by then.
25
posted on
05/08/2024 9:39:40 PM PDT
by
boomop1
(term limits NOW)
To: frank ballenger
Like Carlin said, They want your retirement money, so they can give it to their criminal friends on Wall Street.
26
posted on
05/08/2024 9:40:38 PM PDT
by
dfwgator
(Endut! Hoch Hech!)
To: SaveFerris
27
posted on
05/08/2024 9:43:51 PM PDT
by
Chode
(there is no fall back position, there's no rally point, there is no LZ... we're on our own. #FJB)
To: SeekAndFind
It’s had one decade left for decades now.
PS there is no fund yet SSA is the largest single holder of govt bonds which every where else in the universe are regarded as a cash equivalent.
PPS for decades the avg recipient has collected far more than they ever contributed.
To: SeekAndFind
This means tomorrow Romney calls for the new retirement age to be 95.
29
posted on
05/08/2024 9:47:35 PM PDT
by
inchworm
(al )
To: boomop1
30
posted on
05/08/2024 9:51:04 PM PDT
by
SaveFerris
(Luke 17:28 ... as it was in the Days of Lot; They did Eat, They Drank, They Bought, They Sold ......)
To: Chode
[good luck...]
I just looked now
I’ve got a 1 in 292,201,338 chance
I like my chances - If I play a little more than $292 million dollars
I think I’ve got about that much in one bank account :)
31
posted on
05/08/2024 9:55:04 PM PDT
by
SaveFerris
(Luke 17:28 ... as it was in the Days of Lot; They did Eat, They Drank, They Bought, They Sold ......)
To: SeekAndFind
Won’t last that long the way they add people in who haven’t
worked a day in their life in the U. S.
32
posted on
05/08/2024 9:57:40 PM PDT
by
DoughtyOne
(I pledge allegiance to the flag of the USofA & to the Constitutional REPUBLIC for which it stands. )
To: SeekAndFind
every time they want to "reform" SS they make the younger people pay more and work longer....
federales retire on fat pensions at young ages and nobody squeals about that....
but we mere peasants who have paid in for many decades, its always considered an entitlement that they can cut whenever they want....
33
posted on
05/08/2024 10:01:43 PM PDT
by
cherry
To: SeekAndFind
They’ve been saying that for at least the last 50 years.
34
posted on
05/08/2024 10:02:03 PM PDT
by
mass55th
(“Courage is being scared to death, but saddling up anyway.” ― John Wayne)
To: SeekAndFind
Who broke the lock on the lockbox?
35
posted on
05/08/2024 10:11:32 PM PDT
by
Fresh Wind
(Nothing says "Democracy" like throwing your opponents in jail.)
To: SaveFerris
36
posted on
05/08/2024 10:15:49 PM PDT
by
Chode
(there is no fall back position, there's no rally point, there is no LZ... we're on our own. #FJB)
To: SeekAndFind
Since Socialist Insecurity is paid for by the Federal Government and the debt is already 31 Trillion I’d say it clearly is already out of money. The only thing left is how many people will still be dumb enough to lend Uncle Sam any money.
37
posted on
05/08/2024 10:17:53 PM PDT
by
Nateman
(Democrats did not strive for fraud friendly voting merely to continue honest elections.)
To: Chode
That and no SS tax limit. Currently that is $168K.
38
posted on
05/08/2024 10:18:11 PM PDT
by
Right Brother
(Pray for God's intervention to stop UMCRevMom's invasion of Free Republic.)
To: Nateman
Exactly. The fungibility of money makes this a silly exercise.
39
posted on
05/08/2024 10:20:21 PM PDT
by
Right Brother
(Pray for God's intervention to stop UMCRevMom's invasion of Free Republic.)
To: Right Brother
40
posted on
05/08/2024 10:26:17 PM PDT
by
Chode
(there is no fall back position, there's no rally point, there is no LZ... we're on our own. #FJB)
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