Regarding Ms Fuller: Yeah So!
The point regarding her is, you can withdraw far far more then you ever put in. There is no growth in SS other than what the government can ring out of the working taxpayer.
They may “theoretically deserve” to get it back but there’s nothing in the law that guarantees it. It’s up to the next working generation to continue to do as before or change the law and stiff those people.
Look I detect hostility from you toward me for pointing this out! I am just stating reality. Getting mad at me won’t change the situation! I wish it wasn’t so, but it is!
I wish FDR and his gaggle of Ivy League genius lawyers had set up something financially sound. They didn’t! They were warned back then by the financial community this would happen! But they were Ivy League geniuses so they didn’t have to pay attention, besides it would collapse on someone else’s watch not theirs!
I understand why Trump is saying don’t touch this topic right now. I support that. However someday it will have to be “touched”! The longer we wait the more painful the solution.
No...I’m not mad at you about anything...It’s just the time references between what she paid in and how long she collected is far, far different than what retirees today worked and paid...Not even close comparison...
The program would be much, much better if as people say, was an individual account ran for all the years working, but it isn’t...It is what we have today, what I have paid into since 1965...if it is changed, as some have suggested by starting at today’s worker around the age of 40, it would be very much better for their future, but people such as myself, our benefit should NOT be cut...PERIOD....
This was once thought one time to be a good idea...
https://www.ssa.gov/policy/docs/ssb/v62n1/v62n1p47.pdf