Social Security

[*PhilHos*]

(10-18-2018, 02:01 PM)Bengalzona Wrote: And yet it worked that way for generations...

Correct me if I'm wrong, but "for generations" social security funds were not allowed to be touched except for social security purposes.

[Bengalzona]

(10-18-2018, 02:11 PM)PhilHos Wrote: Correct me if I'm wrong, but "for generations" social security funds were not allowed to be touched except for social security purposes.

Did your parents or grandparents collect SS benefits?

[*PhilHos*]

(10-18-2018, 02:44 PM)Bengalzona Wrote: Did your parents or grandparents collect SS benefits?

My parents just retired like 2 years ago. But, i do think they get something from SS.

As for my grandparents, I have no idea.

[6andcounting]

(10-18-2018, 02:09 PM)fredtoast Wrote: It may not return much, but it will not disappear into thin air like stock market values or home equity.

Well, in theory it won't just dissappear overnight.

[Bengalzona]

(10-18-2018, 03:37 PM)PhilHos Wrote: My parents just retired like 2 years ago. But, i do think they get something from SS.

As for my grandparents, I have no idea.

Two years ago?!?! Wow, I thought you were my age, dude! My old man retired 20 years ago.

My parents and grandparents got something from SS.

[Millhouse]

Best way to play it safe is to not rely on SS being there when retirement comes.

Instead put all of your savings into buying lottery tickets for the $970 million Mega Lottery!