Talk of raising Social Security age now to "70"!!!!

[Renaldo5000]

Originally Posted by Deef1

Where will the ceiling stop??? I am sick and tired of being the generation the pays for everything. If this IS voted in...there should be a grandfathered clause for those of us who have 30years or more into the system. We entered the system with one expectation and we will NEVER be able to retire with full benefits. Just when we get close...it all changes AGAIN!!!!! I understand they need a change, but those of us who paid our due over the years and worked a specific number of years should be grandfathered in to the CURRENT standard. Thirty years in or more...should be a good round number!

Sorry pops, but the money isn't there. You can whine all you want but that doesn't make the system solvent all of a sudden.

At least you're going to get something out of S.S. My generation will get nothing because your generation will have spent it all.

[chielgirl]

Originally Posted by iwonderwhy2124

Sorry pops, but the money isn't there. You can whine all you want but that doesn't make the system solvent all of a sudden.

At least you're going to get something out of S.S. My generation will get nothing because your generation will have spent it all.

Cool, blame your parents.
If they would quit spending the SS surplus, it would be solvent for good.
That's who you should be after, Congress, who spends the SS funds and doesn't replace them.
Not the people who paid into the system for 40-50 years.

[mohawkx]

Originally Posted by iwonderwhy2124

Sorry pops, but the money isn't there. You can whine all you want but that doesn't make the system solvent all of a sudden.

At least you're going to get something out of S.S. My generation will get nothing because your generation will have spent it all.

As I stated in a previous post the SS system has been taking in more than it pays out for the last 25 years. It has a reserve fund of 2.5 trillion dollars invested in government bonds. If no changes are made, the system will be solvent for the next 33 years. source CBO

[Lakewooder]

Originally Posted by iwonderwhy2124

Sorry pops, but the money isn't there. You can whine all you want but that doesn't make the system solvent all of a sudden.

At least you're going to get something out of S.S. My generation will get nothing because your generation will have spent it all.

Silence whippersnapper, Wizard of Oz, The Wizard of Oz, Frank Morgan, Sound Bite