Let's Talk About Our Feelings!!! Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : Let's Talk About Our Feelings!!!

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Ilaine who wrote (72722)	1/20/2000 4:39:00 PM
From: Lizzie Tudor	Read Replies (3) of 108807

I think the surplus is a figure that estimates future payouts without really taking into account demographic trends - I'm not quite sure, and it seems like every source defines "surplus" differently - but I believe SS is expected to run a surplus until the boomers start retiring, when it will operate with a deficit (or go broke). So when the aarp and others say SS is solvent.. they are taliking about the next 20 years or so of retirees, after that turnover year (2020 or whatever) - the "surplus" is gone. Its not an absolute number because SS isn't fixed on payout $, it depends on how long you live. There is also some regulation that the SS trust fund can't invest in the mkts - I don't know why, so the surplus just sits there, gaining little interest... and they can't invest it. Better to pay off the debt which is at a higher rate and iou to SS until the payouts need to be made. Its just a way of utilizing all that money more efficiently - I support paying off the debt, its the same principal as paying off credit card debt with your 2% savings acct. This is my understanding - if anyone understands differently please clarify... thx

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next