Like the minimum wage, Social Security is not meant to be a "living wage"....those who see it that way do so at their own peril....it was meant to limit unforeseen and unprepared-for dangers in modern life...a different form of insurance so to speak....but definitely not an end all and be all for old age or retirement.
Originally Posted by FriscoKiddo
true, and it was meant to act as INSURANCE. when SS came in, that was understood.. someone like bb1961 might surrender everything he paid in, if he remained at a certain wealth point. now people complain about paying in at all. and as much as many here will deny, MANY illegals pay into social security, and will never see any of it. MANY minorities who tend to die sooner that Caucasians, will NEVER see any of it. ironically, I see more independently wealthy individuals who Bitch about the system, that they won't get what they have "coming", than the lowest-paid Laborer.