Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: blam

My parents draw more in SS than they ever earned in all their years working. Yes we were poor. But HOW could this EVER be sustainable!


5 posted on 09/17/2010 12:49:46 PM PDT by poobear ("The greatest tyrannies are always perpetrated in the name of the noblest causes." -- Thomas Paine)
[ Post Reply | Private Reply | To 1 | View Replies ]


To: poobear
There is no way your parents make more on SS. Sorry, but that isn't how it works. A person's SS payments are tied to what you earn over the years and how many years you worked. You NEVER get more than you earned.

However, I do believe that SS should be, and should have been, phased out and privatized.

12 posted on 09/17/2010 1:36:30 PM PDT by calex59
[ Post Reply | Private Reply | To 5 | View Replies ]

To: poobear
My parents draw more in SS than they ever earned in all their years working. Yes we were poor. But HOW could this EVER be sustainable!

It balances out somewhat when you convert everything to constant dollars. IOW, your dad's $14k job in 1963 would actually be a $99k job in 2010.

18 posted on 09/17/2010 3:21:55 PM PDT by Terabitten ("Don't retreat. RELOAD!!" -Sarah Palin)
[ Post Reply | Private Reply | To 5 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson