Is Social Security A Good Investment?

[joeydb]

Worth a read:
http://www.inmessment.com/finance/is...w-the-numbers/

Could you do better with your contrib- er- confiscated money?

[Riot]

Originally Posted by joeydb

Worth a read:
http://www.inmessment.com/finance/is...w-the-numbers/

Could you do better with your contrib- er- confiscated money?

Too bad Social Security isn't an investment program. It's stupid to try and compare apples and oranges, don't you think?

You make me laugh, Joey. You are handing the people that want to kick you off your Social Security Disability Insurance the hard-heeled boot to do just that.

Tell me - how would you be doing, today, living off just the profit of your hard work in your lifetime, with no Social Security disability to help you?

Your personal retirement fund right now is at least 5-7% of your lifetime income, right? You know - the percentage of income people should save, that you have saved, minus any Social Security percentage you have contributed? You've been completely diligent about saving that, surely, the way you bemoan we all contribute so seniors don't die in poverty (what a terrible societal decision THAT was, huh? How horrid a society are we, do protect our seniors?)

Better plan for being without that SSDI now, as long as you are going to try so hard to elect them and get that accomplished.

[Clip-Clop]

Charity should not be a function of the government.

[Riot]

Originally Posted by Clip-Clop

Charity should not be a function of the government.

You're against all the help we send to our fellow Americans in drought, or in flood, or after hurricanes and tornadoes? Interesting stand you have taken.

You might consider moving to a different country, because this great one was founded upon forming a group society that has the power to tax for the benefit of all.

[Clip-Clop]

Originally Posted by Riot

Then you might consider moving to a different country, because this one was founded upon forming a group society that has the power to tax for the benefit of all.

Like a military, stable currency (under attack right now) and opportunity to succeed. That is enough for the Federal government to provide. Let states compete with each other for the rest.

[Riot]

Originally Posted by Clip-Clop

Like a military, stable currency (under attack right now) and opportunity to succeed. That is enough for the Federal government to provide. Let states compete with each other for the rest.

Yes, tell New Orleans to go screw themselves. It's not Oregon's problem Katrina hit.

[joeydb]

Originally Posted by Riot

Too bad Social Security isn't an investment program. It's stupid to try and compare apples and oranges, don't you think?

You make me laugh, Joey. You are handing the people that want to kick you off your Social Security Disability Insurance the hard-heeled boot to do just that.

Tell me - how would you be doing, today, living off just the profit of your hard work in your lifetime, with no Social Security disability to help you?

Your personal retirement fund right now is at least 5-7% of your lifetime income, right? You know - the percentage of income people should save, that you have saved, minus any Social Security percentage you have contributed? You've been completely diligent about saving that, surely, the way you bemoan we all contribute so seniors don't die in poverty (what a terrible societal decision THAT was, huh? How horrid a society are we, do protect our seniors?)

Better plan for being without that SSDI now, as long as you are going to try so hard to elect them and get that accomplished.

It's not an investment program? That's good because any investment program with that poor return would be a joke. But then, so is Social Security.

You're playing semantics. Whether it's classified as a "safety net", which I guess some how exonerates the government from giving a good return, or an investment program, is meaningless because in all cases the citizen's money is the money being applied for this purpose. It is the citizen who bears the lack of growth or outright loss. The paying citizen that is - those of us suckers who pay in.

Oh - I am a saver , but I want to do it with less of a headwind.

If Social Security is that great, make it optional.

[dellinger63]

social security is a welfare program at best and a ponzi scheme at worse.

Ponzi is more like it IMO

If 'God' sent a mailing with I will take X amount of money out of your check, spend it on whatever he chooses and at the time of signing up it is 63 when you can start withdrawing, but God may change that to a more advanced age especially if 'God' was running out of money. And oh yea, 'God' will decide your benefit or (payment per month) at that time. And 'God' may not pay you anything if you've saved too much money. With no payment back on investment upon death, how many besides Riot would raise their hands?

[jms62]

Originally Posted by Riot

Too bad Social Security isn't an investment program. It's stupid to try and compare apples and oranges, don't you think?

You make me laugh, Joey. You are handing the people that want to kick you off your Social Security Disability Insurance the hard-heeled boot to do just that.

Tell me - how would you be doing, today, living off just the profit of your hard work in your lifetime, with no Social Security disability to help you?

Your personal retirement fund right now is at least 5-7% of your lifetime income, right? You know - the percentage of income people should save, that you have saved, minus any Social Security percentage you have contributed? You've been completely diligent about saving that, surely, the way you bemoan we all contribute so seniors don't die in poverty (what a terrible societal decision THAT was, huh? How horrid a society are we, do protect our seniors?)

Better plan for being without that SSDI now, as long as you are going to try so hard to elect them and get that accomplished.

Wait... Is Joey actually on SSDI ???

[joeydb]

Originally Posted by jms62

Wait... Is Joey actually on SSDI ???

No, never. Don't ever take the irrational rantings of Riot seriously.

[jms62]

Originally Posted by joeydb

No, never. Don't ever take the irrational rantings of Riot seriously.

Rats. I just spent 30 minutes composing a blistering retort in my mind if the answer was yes. I will never get that time back.

[joeydb]

Originally Posted by jms62

Rats. I just spent 30 minutes composing a blistering retort in my mind if the answer was yes. I will never get that time back.

Can't blame you a bit for that.

She must be thinking of someone else that she actually knows.

By the way, how does one go about changing their logon here? I'm thinking about "Order" - you know, the "anti-riot".

[Riot]

Originally Posted by jms62

Wait... Is Joey actually on SSDI ???

No, I thought it was Joey, but I was mistaken. Somebody else here, with right wing leanings, did post they get SSDI. I"ll have to go looking for who it was. I already apologized to Joey on another thread for confusing him with someone else.