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Politics : American Presidential Politics and foreign affairs
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To: Captain Jack who wrote (212)12/3/2004 12:36:58 PM
From: Peter Dierks  Read Replies (1) of 71588
 
There is one proposal to save SS that no one seems to be able to propose. Start paying our later. Retirement age should be 70 to 75. Just a change to 70 would probably add 20 years to the solvency.

I do not expect to get anything more than 1/3 to 1/4 of a subsistence cash flow from SS. I plan to have a much higher standard of living. The difference is why I build wealth.

If they would offer to cut my SS payments in half in exchange for waiving my right to collect, I would accept.

Peter
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