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Old 05-07-2013, 03:10 AM
 
Location: Las Vegas,Nevada
9,282 posts, read 6,739,905 times
Reputation: 1531

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please make the case? and don't give me the whole "you don't care about granny" "you hate the poor"

also what would America look like if people could?
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Old 05-07-2013, 04:26 AM
 
Location: The Brat Stop
8,347 posts, read 7,238,278 times
Reputation: 2279
You can. Start your own company {self employed}, then refuse to pay any and all taxes.
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Old 05-07-2013, 04:29 AM
 
Location: The Republic of Texas
78,863 posts, read 46,602,543 times
Reputation: 18521
I have not paid SS in 20 years.
There is no penalty if I don't. I just won't get a very big SS check, come time the government says I must retire.
The benefits of being self employed.
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Old 05-07-2013, 04:32 AM
 
26,475 posts, read 15,057,355 times
Reputation: 14626
If people had the option put their own money pay check by pay check into an annuity - so that it would grow and compound over the years - they would be getting twice the monthly paycheck compared to social security. As it stands now - most people will get less than you put in.
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Old 05-07-2013, 04:38 AM
 
Location: Long Island, NY
19,792 posts, read 13,943,485 times
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Quote:
Originally Posted by michiganmoon View Post
If people had the option put their own money pay check by pay check into an annuity - so that it would grow and compound over the years - they would be getting twice the monthly paycheck compared to social security. As it stands now - most people will get less than you put in.
Not necessarily. It depends upon your timeline. There have been 20 year periods when equities were flat. If that was your investment period, your investment wouldn't have grown at all.
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Old 05-07-2013, 04:40 AM
 
Location: The Brat Stop
8,347 posts, read 7,238,278 times
Reputation: 2279
Quote:
Originally Posted by michiganmoon View Post
If people had the option put their own money pay check by pay check into an annuity - so that it would grow and compound over the years - they would be getting twice the monthly paycheck compared to social security. As it stands now - most people will get less than you put in.
But, people who do accept company or corporate backed retirement backed benefits usually dump their funds into 401K's which is really a stupid thing to do.

Since there are just mostly part time jobs available now, I doubt anyone can spare anything towards a retirement plan.
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Old 05-07-2013, 04:40 AM
 
Location: Minnesota
5,147 posts, read 7,474,724 times
Reputation: 1578
Opt out of citizenship. Then you have no obligations that Americans have. That's the trouble with all these people who want to escape any burden. They refuse to LEAVE. Those rich people with their offshore accounts? Go live where your account is! Become foreign.
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Old 05-07-2013, 04:41 AM
 
20,948 posts, read 19,044,413 times
Reputation: 10270
Quote:
Originally Posted by gunlover View Post
please make the case? and don't give me the whole "you don't care about granny" "you hate the poor"

also what would America look like if people could?
Come on now.

Are you REALLY capable of the discipline to plan for your own retirement?

Progressives.....ideas so great, you are forced to comply!
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Old 05-07-2013, 04:43 AM
 
Location: Tampa Florida
22,229 posts, read 17,849,529 times
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Quote:
Originally Posted by gunlover View Post
please make the case? and don't give me the whole "you don't care about granny" "you hate the poor"

also what would America look like if people could?
I don't think the people living in bunkers on a mountain in Montana pay into Soc Sec..... there's a thought...
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Old 05-07-2013, 04:46 AM
 
20,948 posts, read 19,044,413 times
Reputation: 10270
Quote:
Originally Posted by NoJiveMan View Post
But, people who do accept company or corporate backed retirement backed benefits usually dump their funds into 401K's which is really a stupid thing to do.

Since there are just mostly part time jobs available now, I doubt anyone can spare anything towards a retirement plan.
Part time or full time.....6% of your gross earnings is forcibly taken from you every paycheck.

Imagine having the freedom to invest that 6% how YOU want?

6% is also taken from your employer.

BTW....YOU cannot touch YOUR money until the government tells you that you can.

If you are single, and die prior to 62, you lose it.

Great plan, huh?
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