General Discussion

PoindexterOglethorpe

(28,493 posts)

34. Social Security was NEVER intended to be anyone's

Wed Jun 8, 2022, 11:51 PM

Jun 2022

entire income in retirement. It was expected to be part of a "three legged stool", which would include Social Security, a pension, and savings. For the pension substitute a 401k these days. But the formula is still valid.

Those who blithely expect SS will pay for everything in retirement are idiots, and have never paid attention.

I'm retired, collecting SS, a small pension, and payouts from savings. Oddly enough, my SS amount is almost exactly one third of my total income.

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'We're all afraid': Massive rent increases hit mobile homes [View all] Yo_Mama_Been_Loggin Jun 2022 OP

Yep. Vultures, leeches, GDMFSOBs may they suffer for eternity for doing this shit to the least among CurtEastPoint Jun 2022 #1

American Oligarchs. SharonAnn Jun 2022 #24

This shouldn't be happening AntivaxHunters Jun 2022 #2

that's regular SS Skittles Jun 2022 #4

I think she's just getting a regular Social Security check. Haggard Celine Jun 2022 #5

I know someone who gets $700 per ss check. shrike3 Jun 2022 #7

Many women now collecting SS MOMFUDSKI Jun 2022 #8

This particular fellow was paid in cash for years. Did not report it. shrike3 Jun 2022 #14

He sure stuck it to the "man" didn't he ? MichMan Jun 2022 #28

I know a few people who did this. Demobrat Jun 2022 #38

My wife had an uncle like that MichMan Jun 2022 #41

What can you say? Not much. shrike3 Jun 2022 #55

And who new you had to be married 20 years OhNo-Really Jun 2022 #30

My mother recently lost her third husband MissB Jun 2022 #31

Umm, no. One year of marriage is good enough. PoindexterOglethorpe Jun 2022 #32

Not so. mnhtnbb Jun 2022 #33

But if you are still married, one year is all it takes. PoindexterOglethorpe Jun 2022 #48

True. That was a typo. OhNo-Really Jun 2022 #59

Wow. I did not know that. shrike3 Jun 2022 #52

It was a typo. If divorced, you can't get SS OhNo-Really Jun 2022 #60

Oops. 10 years not 20 OhNo-Really Jun 2022 #58

People on Social Security don't get much. Haggard Celine Jun 2022 #9

+1000 n/t MarcA Jun 2022 #10

My friend worked cash jobs for years. Did not realize what this would mean for retirement. shrike3 Jun 2022 #16

Cheated from the system and also himself MichMan Jun 2022 #29

What can I say? He's reaping what he sowed now. shrike3 Jun 2022 #51

How about actually paying into SS? PoindexterOglethorpe Jun 2022 #37

Like expectig to be able to go to a gym or club you don't pay dues to alphafemale Jun 2022 #43

Yeah, that's this guy's problem. He just didn't realize what it would mean for him when he got old. shrike3 Jun 2022 #50

Social Security was NEVER intended to be anyone's PoindexterOglethorpe Jun 2022 #34

There are a lot of people who work all their lives Haggard Celine Jun 2022 #46

Many people simply spend all of their income PoindexterOglethorpe Jun 2022 #49

While it is true that people Haggard Celine Jun 2022 #53

If you don't have 40 quarters of employment xmas74 Jun 2022 #54

This is terrible XanaDUer2 Jun 2022 #3

1b1bath apt. in tampa is 1900. a month ! daughter lives down there ! towerbum Jun 2022 #21

Read "Eviction" by Matthew Desmond not too long ago Sympthsical Jun 2022 #6

Yes it is. I did a stint for court ordered mediations SYFROYH Jun 2022 #19

Yup Johnny2X2X Jun 2022 #23

The criminalization of poverty. roamer65 Jun 2022 #11

Increasing rent simply for greed should be prevented. MarcA Jun 2022 #12

John Oliver has an episode of his show on exactly this: LiberatedUSA Jun 2022 #13

This was excellent. n/t shrike3 Jun 2022 #17

One predator I'm aware of. moondust Jun 2022 #15

The homeless problem is growing pandr32 Jun 2022 #18

This message was self-deleted by its author Chin music Jun 2022 #20

That's the Republican Healthcare Plan as well. nt SunSeeker Jun 2022 #26

Some residents are banding together to purchase their parks jmbar2 Jun 2022 #22

This country should be renamed, Mr. Evil Jun 2022 #25

This is a signal of imminent societal collapse. One among many. Gaugamela Jun 2022 #27

I am so glad I bought the land to put my mobile on ripcord Jun 2022 #35

That'd be the only way to do it. Put it on land you own. shrike3 Jun 2022 #56

Trailer parks are terrible. PoindexterOglethorpe Jun 2022 #36

It's absolutely sick what they're doing to renters right now Johnny2X2X Jun 2022 #47

A manufactured home community had one of its units for sale at $42,000. shrike3 Jun 2022 #57

Been going on for years Old Crank Jun 2022 #39

In Albuquerque, they are kicking long time rental tenants out near downtown for B&B's womanofthehills Jun 2022 #40

If there is a Hell it's going to fill up fast as this generation of GoodRaisin Jun 2022 #42

And many of those very old mobile homes could not be moved alphafemale Jun 2022 #44

Housing, nutrition, health, education, climate, jobs, safety gulliver Jun 2022 #45