Retire at age 70?

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  • Godfather.
    Godfather. Posts: 12,504
    inmytree wrote:
    This thread is funny...it's amazing to me how many will argue against their own interest...

    I guess lots of folks want to work until they are 70...

    Personally, I think they should lower the retirement age to 60...

    in unions and larger companies as most of you probably know retirement is based on credits or years of service
    so if you don't work you don't get a retirement check,SS seems to make the rules up as they go along.

    Godfather.
  • Smellyman
    Smellyman Asia Posts: 4,528
    Godfather. wrote:
    I'm 50 and have been paying into SS since I was 16 and paper rout before that, I have paid my fair share into SS like everybody else...well most everybody else :roll: ,then the government wants to change the rules and make me work another 5+ years and then spend my money on bullshit like these illegal immigrants that want drivers lic. welfare etc...and some people wonder why so many other people are pissed off over crap like this retirement age deal and the way our money is spent. :x :x

    Godfather.

    haha. It's the Mexicans fault!
  • Cosmo
    Cosmo Posts: 12,225
    dasvidana wrote:
    Isn't 70 the new 60?
    ...
    Except when it comes to driving.
    Allen Fieldhouse, home of the 2008 NCAA men's Basketball Champions! Go Jayhawks!
    Hail, Hail!!!
  • Godfather.
    Godfather. Posts: 12,504
    Smellyman wrote:
    Godfather. wrote:
    I'm 50 and have been paying into SS since I was 16 and paper rout before that, I have paid my fair share into SS like everybody else...well most everybody else :roll: ,then the government wants to change the rules and make me work another 5+ years and then spend my money on bullshit like these illegal immigrants that want drivers lic. welfare etc...and some people wonder why so many other people are pissed off over crap like this retirement age deal and the way our money is spent. :x :x

    Godfather.

    haha. It's the Mexicans fault!

    actually I wonder where NObama keeps getting the money to spend since he's bullshitted his way into office. :lol:

    Godfather.
  • he still stands
    he still stands Posts: 2,835
    To take a more abstract view on this whole subject, let's consider how the elderly have been treated over the centuries in different civilizations.

    The most basic and primitive tribes treated their elderly with respect and valued their wisdom. The tribe took care of their elderly, provided food and water and shelter, and the elderly had the most decision-making power for the tribes. Once you couldn't hunt any longer/take care of children/cook/etc... you were taken care of by the younger tribesmen and women.

    Today, our elderly are working into their 60s/70s and sometimes longer, they are neglected, they are put into old person asylums and never visited, and they rot away in a bed with noone who cares for them except a nurse tech who changes their bed pan and feeds them a meal.

    This disgusting situation is obviously regressive. We have lost our way as a society if we can put chunks of metal into space every day but forget to take care of our elderly and provide for them as a "tribe."
    Everything not forbidden is compulsory and eveything not compulsory is forbidden. You are free... free to do what the government says you can do.
  • gimmesometruth27
    gimmesometruth27 St. Fuckin Louis Posts: 24,010
    To take a more abstract view on this whole subject, let's consider how the elderly have been treated over the centuries in different civilizations.

    The most basic and primitive tribes treated their elderly with respect and valued their wisdom. The tribe took care of their elderly, provided food and water and shelter, and the elderly had the most decision-making power for the tribes. Once you couldn't hunt any longer/take care of children/cook/etc... you were taken care of by the younger tribesmen and women.

    Today, our elderly are working into their 60s/70s and sometimes longer, they are neglected, they are put into old person asylums and never visited, and they rot away in a bed with noone who cares for them except a nurse tech who changes their bed pan and feeds them a meal.

    This disgusting situation is obviously regressive. We have lost our way as a society if we can put chunks of metal into space every day but forget to take care of our elderly and provide for them as a "tribe."
    well stated. i agree with you. someone stated the average life expectancy earlier in the thread, but that is wrong. african americans have a life expectancy of like 3-5 years less than that. so essentially in today's world people will be working until the day they die. i think we need to raise taxes rather than make people wait until age 70 to be eligible for medicare and social security. better yet, the money is out there, so cut the damn near 1 billion dollar pentagon budget, stop propping up the military industrial complex, stop dumping millions per month into the desert of iraq and the corporations like KBR and halliburton, stop giving our tax dollars to israel, and stop bailing out the too big to fail corporations and banksters.

    so if the retirement age goes to 70, where do you cut people off from the age 65 eligibility? i'm 35 and i am planning on working another 26-30 years. if someone told me i would have to wait til 70 for medicare and SS i would be extremely pissed because i have been paying in since age 16. do we say people born after 1990 have to wait until 70? do we make it later than that or sooner than that? those born in 1990 are 20 now and may have been paying intot he system for 3-4 years. it would not be fair to them to make them work longer for the same benefits the rest of us are entitled to.

    it is a convenient argument to state that "people should be saving more"....as if people choose not to save money for retirement...has anyone noticed that cost of living is going up and that wages for those of us lucky enough to have a job are stagnant yet again? home values are down and people have more debt now. people in their 50s, 60s and 70s used to be guaranteed pensions, now the younger workers are forced into 401ks, 403 bs, whatever, and are losing their ass without employer matching and most saving accounts yield only 2-4% interest, so any money that is actually saved accrues at a VERY slow pace. our seniors have been taken advantage of, reverse mortgages, etc..if you work your whole life and pay into social security it should be of paramount importance to get out of it what you have paid into it.
    "You can tell the greatness of a man by what makes him angry."  - Lincoln

    "Well, you tell him that I don't talk to suckas."
  • OutOfBreath
    OutOfBreath Posts: 1,804
    Well, you could stop underfunding SS instead, and start paying more into it to keep it going as before. But that would probably piss off people that think people should pay into their own private plans rather than have a public alternative...

    Peace
    Dan
    "YOU [humans] NEED TO BELIEVE IN THINGS THAT AREN'T TRUE. HOW ELSE CAN THEY BECOME?" - Death

    "Every judgment teeters on the brink of error. To claim absolute knowledge is to become monstrous. Knowledge is an unending adventure at the edge of uncertainty." - Frank Herbert, Dune, 1965
  • gimmesometruth27
    gimmesometruth27 St. Fuckin Louis Posts: 24,010
    Well, you could stop underfunding SS instead, and start paying more into it to keep it going as before. But that would probably piss off people that think people should pay into their own private plans rather than have a public alternative...

    Peace
    Dan
    do you think that paying for those things i stated in my above post are necessary?
    "You can tell the greatness of a man by what makes him angry."  - Lincoln

    "Well, you tell him that I don't talk to suckas."
  • unsung
    unsung I stopped by on March 7 2024. First time in many years, had to update payment info. Hope all is well. Politicians suck. Bye. Posts: 9,487
    I'd rather have a private plan, although the feds would find a way to get their hands on that too. Take what I have contributed and give me my own 401k. I don't expect SS to be there when I get to that age, which will be 87 by the time I'm eligible.

    You need to set up your own accounts and not depend on the government to help. Because if you do rely upon them you may be working forever.
  • OutOfBreath
    OutOfBreath Posts: 1,804
    Well, you could stop underfunding SS instead, and start paying more into it to keep it going as before. But that would probably piss off people that think people should pay into their own private plans rather than have a public alternative...

    Peace
    Dan
    do you think that paying for those things i stated in my above post are necessary?
    I didn't say anything about the otherwise budget. Surely, you could cut military spending and increase SS payments so the tax effect to the individual would be 0 if you wanted. Just highlighting that the problem is underfunding and a certain unwillingness to allocate the funds needed to maintain it. It's just a political choice. As is the question whether you'll save in other parts of the budget to make it happen.

    Peace
    Dan
    "YOU [humans] NEED TO BELIEVE IN THINGS THAT AREN'T TRUE. HOW ELSE CAN THEY BECOME?" - Death

    "Every judgment teeters on the brink of error. To claim absolute knowledge is to become monstrous. Knowledge is an unending adventure at the edge of uncertainty." - Frank Herbert, Dune, 1965
  • OutOfBreath
    OutOfBreath Posts: 1,804
    unsung wrote:
    I'd rather have a private plan, although the feds would find a way to get their hands on that too. Take what I have contributed and give me my own 401k. I don't expect SS to be there when I get to that age, which will be 87 by the time I'm eligible.

    You need to set up your own accounts and not depend on the government to help. Because if you do rely upon them you may be working forever.
    Well, if you actively don't want it and enough others agree, you may get what you want and have no SS there for you. I have a hunch it will be there though. The question is what level the pay-outs will have, and that's also a political choice.

    Peace
    Dan
    "YOU [humans] NEED TO BELIEVE IN THINGS THAT AREN'T TRUE. HOW ELSE CAN THEY BECOME?" - Death

    "Every judgment teeters on the brink of error. To claim absolute knowledge is to become monstrous. Knowledge is an unending adventure at the edge of uncertainty." - Frank Herbert, Dune, 1965
  • chadwick
    chadwick up my ass Posts: 21,157
    suck my nuts.
    retire @ 70?

    that is a complete joke.
    work till the day you die.
    that's what they want, that's what is happening, that's what we have done to ourselves.

    i'd rather be dirt poor than bust my nuts for the man my entire life.

    thank god i am the #1 author in the universe.
    for poetry through the ceiling. ISBN: 1 4241 8840 7

    "Hear me, my chiefs!
    I am tired; my heart is
    sick and sad. From where
    the sun stands I will fight
    no more forever."

    Chief Joseph - Nez Perce
  • chadwick
    chadwick up my ass Posts: 21,157
    btw,
    about the death penalty thread.
    i will be glad to pull the lever or fire the bullet well up into my 70's.
    there would be no need in retiring from that gig anytime soon.

    i can't use the needle though i am no Dr.
    fuckers.......
    for poetry through the ceiling. ISBN: 1 4241 8840 7

    "Hear me, my chiefs!
    I am tired; my heart is
    sick and sad. From where
    the sun stands I will fight
    no more forever."

    Chief Joseph - Nez Perce
  • gimmesometruth27
    gimmesometruth27 St. Fuckin Louis Posts: 24,010
    chadwick wrote:
    btw,
    about the death penalty thread.
    i will be glad to pull the lever or fire the bullet well up into my 70's.
    there would be no need in retiring from that gig anytime soon.

    i can't use the needle though i am no Dr.
    fuckers.......
    if you are not going to contribute anything of substance please stay out of my thread. we have a serious and civil discussion going on here and i would appreciate it if people would not derail it. you have your own trainrwreck of a thread to post this stuff in. thank you very much.
    "You can tell the greatness of a man by what makes him angry."  - Lincoln

    "Well, you tell him that I don't talk to suckas."
  • gimmesometruth27
    gimmesometruth27 St. Fuckin Louis Posts: 24,010
    Well, you could stop underfunding SS instead, and start paying more into it to keep it going as before. But that would probably piss off people that think people should pay into their own private plans rather than have a public alternative...

    Peace
    Dan
    do you think that paying for those things i stated in my above post are necessary?
    I didn't say anything about the otherwise budget. Surely, you could cut military spending and increase SS payments so the tax effect to the individual would be 0 if you wanted. Just highlighting that the problem is underfunding and a certain unwillingness to allocate the funds needed to maintain it. It's just a political choice. As is the question whether you'll save in other parts of the budget to make it happen.

    Peace
    Dan
    i see your point, and every politician in my memoey has campaigned on not touching social security. remember gore's lockbox? then bush comes along and raids it like a stoner raiding a bag of funions...underfunding is the biggest issue yes you are correct there. just as i think overfunding those things i listed is an issue.
    "You can tell the greatness of a man by what makes him angry."  - Lincoln

    "Well, you tell him that I don't talk to suckas."
  • gimmesometruth27
    gimmesometruth27 St. Fuckin Louis Posts: 24,010
    unsung wrote:
    I'd rather have a private plan, although the feds would find a way to get their hands on that too. Take what I have contributed and give me my own 401k. I don't expect SS to be there when I get to that age, which will be 87 by the time I'm eligible.

    You need to set up your own accounts and not depend on the government to help. Because if you do rely upon them you may be working forever.
    Well, if you actively don't want it and enough others agree, you may get what you want and have no SS there for you. I have a hunch it will be there though. The question is what level the pay-outs will have, and that's also a political choice.

    Peace
    Dan
    i agree with both of you two here as well. i don't expect much from it either. but if i am somehow disabled or chronically sick and unable to work, i better get what i am entitled to, just like if i were a politician i would fight to make sure everyone got the payouts they were entitled to. finding the funding is all about priorities. we can care for our elderly citizens who had been productive members of society or we can provide for strong defense and pay halliburton $300 for a $15 hammer. priorities and doing the right thing, that should be the objective here.
    "You can tell the greatness of a man by what makes him angry."  - Lincoln

    "Well, you tell him that I don't talk to suckas."
  • chadwick
    chadwick up my ass Posts: 21,157
    chadwick wrote:
    btw,
    about the death penalty thread.
    i will be glad to pull the lever or fire the bullet well up into my 70's.
    there would be no need in retiring from that gig anytime soon.

    i can't use the needle though i am no Dr.
    fuckers.......
    if you are not going to contribute anything of substance please stay out of my thread. we have a serious and civil discussion going on here and i would appreciate it if people would not derail it. you have your own trainrwreck of a thread to post this stuff in. thank you very much.
    i am sorry you do not appreciate what i have to share in this thread.
    it is true though.
    when i am a senior citizen i would enjoy pulling the lever for the roasting.

    again, why retire from such a rewarding gig?
    for poetry through the ceiling. ISBN: 1 4241 8840 7

    "Hear me, my chiefs!
    I am tired; my heart is
    sick and sad. From where
    the sun stands I will fight
    no more forever."

    Chief Joseph - Nez Perce
  • gimmesometruth27
    gimmesometruth27 St. Fuckin Louis Posts: 24,010
    chadwick wrote:
    chadwick wrote:
    btw,
    about the death penalty thread.
    i will be glad to pull the lever or fire the bullet well up into my 70's.
    there would be no need in retiring from that gig anytime soon.

    i can't use the needle though i am no Dr.
    fuckers.......
    if you are not going to contribute anything of substance please stay out of my thread. we have a serious and civil discussion going on here and i would appreciate it if people would not derail it. you have your own trainrwreck of a thread to post this stuff in. thank you very much.
    i am sorry you do not appreciate what i have to share in this thread.
    it is true though.
    when i am a senior citizen i would enjoy pulling the lever for the roasting.

    again, why retire from such a rewarding gig?
    i don't appreciate it. now please go back to your mockery of a thread and stop making a mockery of this one.
    "You can tell the greatness of a man by what makes him angry."  - Lincoln

    "Well, you tell him that I don't talk to suckas."
  • chadwick
    chadwick up my ass Posts: 21,157
    i don't appreciate it. now please go back to your mockery of a thread and stop making a mockery of this one.
    you're the boss, dude.
    for poetry through the ceiling. ISBN: 1 4241 8840 7

    "Hear me, my chiefs!
    I am tired; my heart is
    sick and sad. From where
    the sun stands I will fight
    no more forever."

    Chief Joseph - Nez Perce
  • Godfather.
    Godfather. Posts: 12,504
    :lol::lol::lol::lol:

    Godfather.