This is from my Social Security Statement from 1988 not sure what happen to my earlier Statements in the Seventies. I never thought of it as my only retirement plan.
At this time I'm not going to address the misuses of the program I agree partly with what your saying.
Agree or Disagree.
This is a Quote from my Statement:
"In addition, many Americans think of Social Security as only a retirement program. However, it is much more than that. Social Security also protects you and your family if you become severely disabled or die. But, keep in mind that Social Security was never intended to do it all. That is why I encourage you to build a complete financial package by supplementing your Social Security with private pensions, savings, other insurance, and investments".
There's much more explanations on the Statement in regards.
I remember telling my brother 3 years older, when he bragged about working construction jobs under the table (cash) and beating Federal taxes including Social Security I told him back then that he would not get much money from that program he said he had plenty of time to build or save and do better he never did. I'm getting more than 3x's what my brother is getting he barley gets $500. a month.
I may not like taxes like most people, but most don't look ahead and plan for that day when they will retire.
Now I'm 73 have been receiving Social Security for 11yrs to date I've received over $184,000. Now that's not gold mine but it's a decent supplement which added to my retirement I'm living comfortably and able too send my brother money every year helping him out.
Amen! Very few people put any money aside for their retirement, thinking that they will have time to make it up later, BUT THEY NEVER DO!
I wish people would stop with the bullshit excuse that young people today have it harder than we did in the 70's 80's and 90's. Hell, I lived paycheck to paycheck and if it weren't for Social Security, I would have little to no retirement fund. I'm freaking glad that Social Security is there for me. To those people who were able through their own fortunate circumstances to be able to work and save enough on their own to live well in retirement, good for you, but the reality is, you are in the minority.
This is from my Social Security Statement from 1988 not sure what happen to my earlier Statements in the Seventies. I never thought of it as my only retirement plan. At this time I'm not going to address the misuses of the program I agree partly with what your saying.
Agree or Disagree. This is a Quote from my Statement: "In addition, many Americans think of Social Security as only a retirement program. However, it is much more than that. Social Security also protects you and your family if you become severely disabled or die. But, keep in mind that Social Security was never intended to do it all. That is why I encourage you to build a complete financial package by supplementing your Social Security with private pensions, savings, other insurance, and investments". There's much more explanations on the Statement in regards.
I remember telling my brother 3 years older, when he bragged about working construction jobs under the table (cash) and beating Federal taxes including Social Security I told him back then that he would not get much money from that program he said he had plenty of time to build or save and do better he never did. I'm getting more than 3x's what my brother is getting he barley gets $500. a month. I may not like taxes like most people, but most don't look ahead and plan for that day when they will retire. Now I'm 73 have been receiving Social Security for 11yrs to date I've received over $184,000. Now that's not gold mine but it's a decent supplement which added to my retirement I'm living comfortably and able too send my brother money every year helping him out.
Amen! Very few people put any money aside for their retirement, thinking that they will have time to make it up later, BUT THEY NEVER DO!
I wish people would stop with the bullshit excuse that young people today have it harder than we did in the 70's 80's and 90's. Hell, I lived paycheck to paycheck and if it weren't for Social Security, I would have little to no retirement fund. I'm freaking glad that Social Security is there for me. To those people who were able through their own fortunate circumstances to be able to work and save enough on their own to live well in retirement, good for you, but the reality is, you are in the minority.