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Old 01-07-2008, 10:59 PM   #4930
Atticus Grinch
Hello, Dum-Dum.
 
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Join Date: Mar 2003
Posts: 10,117
Social Security

Quote:
Originally posted by Diane_Keaton
Um I just did some calculations and due to my sucky 401K planning habits I would really really like it if I got social security. When do I get that? And can someone explain which candidate is the least likely to negatively affect my chances at having SS when I retire? PS-I'm looking for a reasonably close nexus here between (1_ candidates and (2) the effect on whether SS is scrapped by the time I retire (in other words, I know that a Sharia-controlled America might jeopardize my benefits, so voting for candidate X would....etc. etc. but am looking for a closer tie-in.)

No I will not indicate my age.
Truthfully, I think you should vote for whichever candidates you believe are more sincere about federal budget deficits. If the social security trust fund is ever actually raided for its principal, it will be a desperate measure and will be privately regarded as a political necessity by both parties equally whenever it happens.

Alternatively, if you believe it's possible that SS recipients will become "means-tested" to qualify for benefits, it will probably be the Dems who do it. If you're concerned that poor people will continue to get SS and you won't, vote GOP.

Finally, use Wikipedia to find out when you start getting benefits, and in your next life, defer the maximum unless you have a fully funded defined benefits pension.
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