SI
SI
discoversearch

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.
Politics : American Presidential Politics and foreign affairs
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Captain Jack who wrote (216)12/3/2004 4:32:30 PM
From: Peter Dierks  Read Replies (1) of 71588
 
Perhaps to accommodate those with family histories of premature expiration Social Security could allow an earlier retirement with a limit to the number of years that people could collect. After that, it is dog food for you. <g>

When it was first instituted, life expectancies were closer to 67. Many people never reached 65, and thus never received a penny. It seems like the early retirement option happened in the 70's when too many people were in the workforce, and any tool to get some out was deemed necessary.

In a non-funded plan, you must have some kind of advantage. At first, it was something like a 12 to 1 contributor to recipient ratio with a short life pan. What would you be willing to give up?
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News