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Maybe so, but the early benefits were invested in retiring the mortgage on my apartment building and have since also been invested. They have also greatly increased as I still work and pay into SS. I get annual increases from cost-of-living increases and from increases in my wages. On the downside my benefit is taxed as my income exceeds the minimums.But your award was reduced to take into account the early retirement--to the tune of 1/2 of a percent per month that you retired early. So if you retired on your 63rd birthday, you received 12% less in benefits.
Not so with those with government jobs, but many of the people I know who retired early were forced out by poor treatment as they approached age 60. Some had their positions “made redundant” by a reorganization and terminated.Most people retire because they are forced to, or just don't really like their jobs, or are just tired of working period. Many love their jobs and prolong retirement, and some never retire. Most all however are decided by whether they can afford to retire.
I have only been unemployed for one month since I was 12 years old. (I had a paper route)
Working now for 47 years. I have 5 more to go, meaning I will have worked 52 years.
That is long enough.
Not to mention, that the majority - vast majority - of 70 year olds cannot work nearly as hard as other employees. Not even close. Remotely close.In the USA for a man, the average life expectancy is 76 years old.... I don't know where Shapiro is getting 85, 20 years past 65, as the years the average person on SS lives to???
The average life expectancy for a black male is 67 is what I just read? Wow, they get shorted on SS benefits!!!
Like it or not, he's right.
It obviously is a huge political football, but going forward this country will be forced to make adjustments to the age for full benefits.
Right now, I would change it from 67 to 69, and every three years going forward, I would increase it by one year until the age of 75. Then, reevaluate every two years and make adjustments if necessary.
‘No one in the US should be retiring at 65’: Ben Shapiro said Social Security was not designed to provide retirement benefits for 20+ years — and those who expect that are ‘crazy’
That program might suit Ben Shapiro who earns a living sitting on his ass, maybe you do too.Like it or not, he's right.
It obviously is a huge political football, but going forward this country will be forced to make adjustments to the age for full benefits.
Right now, I would change it from 67 to 69, and every three years going forward, I would increase it by one year until the age of 75. Then, reevaluate every two years and make adjustments if necessary.
‘No one in the US should be retiring at 65’: Ben Shapiro said Social Security was not designed to provide retirement benefits for 20+ years — and those who expect that are ‘crazy’
Decent people care about antisemitism.Give yourself a pat on the back because nobody else cares.
"Work is the play of grownups."Some people work to live, others live to work
Most actually look forward to weekends, hate working late and look forward to retirement.
People who have lives outside of work
He is a fucking idiot and it is not his place to tell me when I should be retired.
Originally I thought I would punch out at 62. But with the egregiously high cost of healthcare insurance, that is not possible. If it wasn't for that, we could retire at 62 with no problem.I punched out at 61
Havent looked back
I liked my work but enjoy not working better
Many decent people are falsely accused of antisemitism.Decent people care about antisemitism.
THE GOP HAS ALWAYS BEEN HOSTILE TO SS
If you want to retire at 65, that is your business and your right. The promise of Social Security and retiring has been there long before Ben Shapiro's father was a little wiggly sperm swimming around looking for a home.
If you've paid into it your whole life (let's say 40 working years), then it is your right to be able to pull that money back out for the remainder of your existence on this planet.
1) Remove the wage base limit.
2) Reinstate the tax on earners above $400K (has that been done yet?)
You'd solve 75% of your financing problems right there.
Anyone who pays in to social security for 10 years minimum, is eligible for retirement....If the Bedenistas get their way and open social security and disability benefits to illegal aliens (are they doing it now?), American citizens can kiss away whatever meager federal money they expected in their advanced age.
Life expectancy is much different than being able to do your job until 70 if its not Office, mgt, or such I can see.....lot of the others not so muchThey bumped Canadas retirement rate way up to 71.
I accept this as our life expectancy is far higher today than when this was first determined.
In the end though, unless Canada has a free economy and accountability for our Police State, none of this matters.
The program anticipates that many will die before collecting.uh? Many paid into it for 50 years. Can they get 10 years back?
It won't be long before it is raised to 67, I certainly see this coming in the near future, but I don't think any of us posting here will be alive when it is raised to 70.I would gradually phase in retirement from 67 up to 70
If you are 55 or above no change
Everyone else gets 6 months extra for every 5 years under 55
Specially sped up by vaxgateThe program anticipates that many will die before collecting.
But not that poster who interjected about Ben’s religion and Israel on a thread unrelated to either.Many decent people are falsely accused of antisemitism.
They will also not be paying in, while their survivors if any are collecting.Specially sped up by vaxgate
