[taxtruth]

Social Security is a PONZI SCHEME/SCAM dreamed up by the government to steal peoples money.Plain and simple!

[jtal]

LOCKBOX!

[TruthConquers]

It sounds like they want to encourage people to wait longer before they get their SS money.

Too bad for them that most people realize now is better than the nothing they will get if they wait a few more years.

[oyez]

Social Security was an idiotic idea that required trust in the Federal government to handle large sums of money.

[miele man]

If a person is living only on their social security, how or where then, in the example in the article, do they come up with $117 grand?

[freedumb2003]

Anyone under 60 who included SSI in their retirement planing is too stupid to live, anyway (well, that is a bit strong but you know what I mean).

If I end up with any SSI at all, it will be “bubble gum money” — nice to have but not part of any long-term plan.

Even 20 years ago I put a big zero for SSI in my plan. I assume FReepers are also too smart to count on Ponzi Scheme. I really hope so.

[101voodoo]

I know, let’s raise the retirement age to 80. Since the average life span here is less than that, most beneficiaries will be dead before they collect a cent and the politicians can keep all that cash for their pork programs.

Problem solved.