General Discussion

joeglow3

(6,228 posts)

60. Agreed, but there are tons of people where that is NOT the case

Wed Dec 19, 2012, 12:38 PM

Dec 2012

The impossible task is identifying the two.

I have a great job and, at 35 years old, am now making low six figures (barely six figures) in a low cost of living state. My wife and I have saved over 25% of our income from day one. Barring an unlikely emergency, we will be able to retire early and have no need for social secuirty. What frustrates me is when I look at my coworkers. They could be in the exact same boat, but choose to put 3% into retirement and piss the rest away on their house, cars, vacations, toys, etc. As cold hearted as it is, I would have little problem with them getting little in social security. They are effectively blowing everything for fun and then, when they get older, demand a portion of my money that saved by denying myself the same luxuries they enjoyed.

Sadly, we can never know the difference with all recipients and need to error on the side of caution.

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AARP statement on Social Security Cut... NO!!!!!! [View all] kpete Dec 2012 OP

I hope everyone who reads this sends congress the message that this is unacceptable. iemitsu Dec 2012 #1

Obama liberalmike27 Dec 2012 #62

I feel the same byeya Dec 2012 #73

Yeah, its totally depressing. iemitsu Dec 2012 #104

Oh gosh, AARP is letting the perfect be the enemy of the good! djean111 Dec 2012 #2

3 months worth of food annually... grahamhgreen Dec 2012 #3

Social security isn't meant to be the sole source of income in retirement. dkf Dec 2012 #4

So, what? The folks who depend on social security alone, should just DIE? Glitterati Dec 2012 #7

Post removed Post removed Dec 2012 #17

Here's what I am saying Glitterati Dec 2012 #19

Uh Muh Guh alcibiades_mystery Dec 2012 #8

You're right. It was supposed to supplement your company pension. Demit Dec 2012 #10

NOT young Glitterati Dec 2012 #11

Glitterati, you are correct. Jazzgirl Dec 2012 #13

It was suppose to supplement pension Rustycup Dec 2012 #18

it was supposed to keep old people from starving Sherman A1 Dec 2012 #41

I am young enough to never have believed I would get a pension nor social security. dkf Dec 2012 #20

You are so full of shit, it's not even funny Glitterati Dec 2012 #21

Yeah that is funny isn't it. Johnny Noshoes Dec 2012 #29

Exactly Glitterati Dec 2012 #39

Apparently, he is a real wizard with investing. AllyCat Dec 2012 #43

That is not a function of youth. Republicans said no one would collect during the Bluenorthwest Dec 2012 #25

Well, bully for you!!! Beacool Dec 2012 #45

My dad had a pension, right up until he was ready to retire. The company went bankrupt, Dustlawyer Dec 2012 #48

Her savings went to support 2 of my addicted siblings AlexSatan Dec 2012 #50

EAsier said than done. IF we had healthcare, they would have had the health issued treated. SugarShack Dec 2012 #80

I agree oldbanjo Dec 2012 #92

I am with you on that, she finds it hard to deny her children. I have finally got her to stand firm Dustlawyer Dec 2012 #112

401(k)s were never designed to replace pensions or Social Security duffyduff Dec 2012 #61

You sure assume a whole bunch. mindem Dec 2012 #82

You are absolutely correct! marew Dec 2012 #34

This message was self-deleted by its author Sherman A1 Dec 2012 #40

Wow. Just wow. You NEVER miss an opportunity to spout right-wing garbage..... OldDem2012 Dec 2012 #22

Insulting. strongermessage Dec 2012 #23

Maybe not... Sadiedog Dec 2012 #24

Meant or not meant, it is. n2doc Dec 2012 #26

A huge number of people live completely hand to mouth gollygee Dec 2012 #27

Agreed, but there are tons of people where that is NOT the case joeglow3 Dec 2012 #60

Jumping to conclusions, condemning others Glitterati Dec 2012 #64

I have worked with them for 10 years, 50 hours a week. joeglow3 Dec 2012 #66

Outward appearances can be deceiving Glitterati Dec 2012 #67

Interesting about the rental home joeglow3 Dec 2012 #68

Yeah, happens a lot Glitterati Dec 2012 #69

Your co-workers are not the ones who will suffer from this gollygee Dec 2012 #71

I know a lot of people who have gotten devorced oldbanjo Dec 2012 #95

You are a smug bastard. Stonepounder Dec 2012 #28

THANK YOU Johnny Noshoes Dec 2012 #35

Very well put! marew Dec 2012 #36

+1 leftstreet Dec 2012 #56

Agreed, and well said. Quantess Dec 2012 #110

Many people are barely surviving. Do you want them to just die? olegramps Dec 2012 #31

She doesn't care, she has hers OKNancy Dec 2012 #44

So lets cut their benefits to punish them? AllyCat Dec 2012 #32

And a 401K is supposed to be your primary source of income in retirement??? RomneyLies Dec 2012 #33

You'd have to have literally hundreds of thousands of dollars in one duffyduff Dec 2012 #63

Yep. ZERO landmines, amazing stock market timing and constant high incomes. HughBeaumont Dec 2012 #65

I get a small public pension of $300 a month duffyduff Dec 2012 #74

What! Nor did those who would eventually need Social Security expect theirs and their offspring's plethoro Dec 2012 #38

I continue to John2 Dec 2012 #49

You are correct Heather MC Dec 2012 #51

Wow. morningfog Dec 2012 #55

Sure wish a few others would . . . HughBeaumont Dec 2012 #89

This message was self-deleted by its author devilgrrl Dec 2012 #70

So somebody who worked for less arikara Dec 2012 #72

They knew it would be the only source while they allowed stagnent wages for 30 yrs!! SugarShack Dec 2012 #78

No but after the last two decades of interest cuts by the Fed and a couple of market Cleita Dec 2012 #83

I'm so proud of myself for planning to be healthy. spooky3 Dec 2012 #84

Would this be the short-term profit seeking of greedy bankers and the politicians that work for them jtuck004 Dec 2012 #85

As over half the population, femrap Dec 2012 #87

It was created because good people decided they could no longer stand by and watch Doremus Dec 2012 #90

I was going to criticize you DJ13 Dec 2012 #101

Actually that's a right wing lie. Fearless Dec 2012 #107

Good on AARP. I hope this Democratic president who is willing to cut Social Security is listening. Demit Dec 2012 #5

Very Dissapointing tazkcmo Dec 2012 #75

Signed DJ13 Dec 2012 #102

Good to see that someone understands arithmetic. Baitball Blogger Dec 2012 #6

K & R AzDar Dec 2012 #9

Possible cuts badgolfer Dec 2012 #12

kr HiPointDem Dec 2012 #14

Chained CPI creates a downward spiral Maineman Dec 2012 #15

I watched Bill Press this morning Liberalynn Dec 2012 #16

Exactly! n/t marew Dec 2012 #37

Chained CPI leftyOhio Dec 2012 #30

Are the Democrats caving in? Beacool Dec 2012 #42

The President John2 Dec 2012 #54

Post removed Post removed Dec 2012 #58

I just sent my daily email to the President! Rocky888 Dec 2012 #46

Like the NRA, I do not expect the AARP to show much flexibility - that is what they get paid to do.. Mr Peabody Dec 2012 #47

How can you be "flexible" on peoples' lives? Either they have enough to eat or they don't. forestpath Dec 2012 #53

Not all older americans are starving, have you ever been to a Casino? 1 in 4 patrons are retired... Mr Peabody Dec 2012 #77

Yeah everybody in a casinio is fucking rich. MindPilot Dec 2012 #88

The more sensible thing to do would be to increase glowing Dec 2012 #52

WH to AARP...The hell with you! Doctor_J Dec 2012 #57

I will continue to fight any cuts to Social Security but I often wonder what this means to me jwirr Dec 2012 #59

Anybody you care about? tazkcmo Dec 2012 #76

I said I would continue to fight. I do not know how this works and wonder about someone like me jwirr Dec 2012 #109

HUGE K & R !!! WillyT Dec 2012 #79

AARP has been at the forefront for seniors...Medicare and Social Security libdem4life Dec 2012 #81

The chained CPI is brutal. We shouldn't go there. JDPriestly Dec 2012 #86

chained consumer price index nineteen50 Dec 2012 #91

So everybody else gets cuts, but not old people? taught_me_patience Dec 2012 #93

Are you really this obtuse? Or just trolling? retread Dec 2012 #94

You do realize what happens if we go over the fiscal cliff, right? taught_me_patience Dec 2012 #105

2014 will be a bloodbath. blkmusclmachine Dec 2012 #96

Rick Snyder already cut my parents' pensions gollygee Dec 2012 #97

Show this toon to your folks. Bozita Dec 2012 #99

DU REC +1 nt Poll_Blind Dec 2012 #98

I applied today (on-line) for social security. Guess what will be the date of my first check? mnhtnbb Dec 2012 #100

I plan to apply B Calm Dec 2012 #103

Very easy (I did it about six weeks ago). The SSA site leads you through it. Buns_of_Fire Dec 2012 #108

It was easy. I got a phone call the next day from an SS rep, though, mnhtnbb Dec 2012 #111

Married couples Iwillnevergiveup Dec 2012 #106