Trifling debate
By LibDave
7 Sep 2022 1:19 pm in No Holds Barred Political Forum
9 Sep 2022 12:03 pm
They force you to put money into SS at the point of a gun because no one would invest in such a one-sided contract. I could in fact pay 1/20th the amount into a life insurance policy and my heirs would get back the same amount no matter when I died.\
Socials Security is intended to assure that elderly people who cannot work any longer will have some income even if they have experienced serious setbacks, like being disabled, or in a declining profession or making poor financial decisions.
Social Security has NOTHING TO DO with providing inheritance for your heirs.
If you want to retire well invest in a Roth IRA.
If you want to leave an inheritance, take out a life insurance policy.
Social Security does far more good than bad to the average citizen.
And no, it is NOT a "Ponzi Scheme"
Socials Security is intended to assure that elderly people who cannot work any longer will have some income even if they have experienced serious setbacks, like being disabled, or in a declining profession or making poor financial decisions.
Social Security has NOTHING TO DO with providing inheritance for your heirs.
If you want to retire well invest in a Roth IRA.
If you want to leave an inheritance, take out a life insurance policy.
Social Security does far more good than bad to the average citizen.
And no, it is NOT a "Ponzi Scheme"
9 Sep 2022 12:04 pm
never said I was. I think nobody is. Do you think Bezos is entitled to my money?
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