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O/T Social Security changes

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Old 04-29-2016, 07:27 AM
  #81  
dahogan
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Originally Posted by oldgold49er
Still we lived in the best of times, don't complain, it is not going to be easy for our Grandchildren.
Yes and so sad.
Old 04-29-2016, 09:18 AM
  #82  
DansYellow66
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[QUOTE=Frankie the Fink;1592104201]
Originally Posted by DansYellow66
My brother worked 35 years at NNSY (Norfolk Naval Shipyard) and squeaks by on less than my SS each month...hard worker but not so good at 'climbing the ladder'.

He is just shy of 40 quarters for SS but figures it wouldn't be worth it to finish them out (he is CSRS) because of the WEP.

This would help guys like him a lot
Yes, it would help him a little. It's often forgotten that a lot of Federal workers prior to about 20 years ago were more blue collar and administrative and were not high salaried and thus may have a reliable pension - but not an especially comfortable one. Not sure of the number of blue collar workers in the Government now but I know administrative type positions have all but disappeared.

I forgot to add that my memory of an article on HR 711 in last month's NARFE mag indicated that by some maneuver it was considered revenue neutral that also helped it's chances of passage. This is from memory and I'm not 100% sure of it.
Old 04-29-2016, 09:48 AM
  #83  
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Originally Posted by dahogan
Yes and so sad.
It seems like everyone complains about this economy that has just been muddling along for 7 years but I would much rather have it this way than run away growth and then have it come to a screeching halt. I know I'm not making what I did 20 years ago but that's partly due to my age and generally slowing down. I put 3 kids through college and they are all making a lot of money. At least they don't need my money.

Last edited by biggd; 04-29-2016 at 09:49 AM.
Old 04-29-2016, 10:56 AM
  #84  
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[QUOTE=Frankie the Fink;1592104223]
Originally Posted by DansYellow66
Yes, your local SS office can help but be ready for some culture shock. I went to the one up in Ocala because Orlando stays so slammed. Probably 35-40 folks in the waiting area. I swear to you 90% of the people in there were under 55 and speaking Spanish.

I don't have a clue what that demographic represented
And plenty of kids running around. Social security now another big government welfare program. That is our government "benefit".
Old 05-04-2016, 02:38 AM
  #85  
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Originally Posted by biggd
It seems like everyone complains about this economy that has just been muddling along for 7 years but I would much rather have it this way than run away growth and then have it come to a screeching halt. I know I'm not making what I did 20 years ago but that's partly due to my age and generally slowing down. I put 3 kids through college and they are all making a lot of money. At least they don't need my money.
Looking at South America and Europe, I think rough financial times are in our future. I think we are in for a huge wallop in the next two years.
Old 05-04-2016, 07:31 AM
  #86  
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Originally Posted by ghostrider20
Looking at South America and Europe, I think rough financial times are in our future. I think we are in for a huge wallop in the next two years.
Everyone predicts a downturn. It will come eventually, it always does. But it will also bounce back, it always does.
Old 05-04-2016, 11:28 AM
  #87  
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Originally Posted by biggd
Everyone predicts a downturn. It will come eventually, it always does. But it will also bounce back, it always does.

Used to work for a Fortune 50 company. Times changed, but there were always those who said, "It will always bounce back". Company no longer exists!
Old 05-04-2016, 11:46 AM
  #88  
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Originally Posted by pop23235
Used to work for a Fortune 50 company. Times changed, but there were always those who said, "It will always bounce back". Company no longer exists!
Are we talking about a company here or the US economy? Companies come and go. The US will always be here. If you can't have faith in your country then you might as well leave for somewhere you believe is better. Or you can just bury your head in the sand.

Last edited by biggd; 05-04-2016 at 11:50 AM.
Old 05-05-2016, 04:19 PM
  #89  
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I have faith in the people OF this country, but not the present trend. I've been to most other places and this is the best, but we're beginning to mirror what I saw elsewhere.
Old 05-05-2016, 04:44 PM
  #90  
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Originally Posted by biggd
Are we talking about a company here or the US economy? Companies come and go. The US will always be here. If you can't have faith in your country then you might as well leave for somewhere you believe is better. Or you can just bury your head in the sand.
While I love our country and, still believe it to be the best in the world, it appears to me that it's turning more and more towards Socialism and further and further away from Democracy. Unfortunately, my only FAITH rests with God. I have lost all faith in our political processes! My .02

Gary
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Old 05-05-2016, 05:38 PM
  #91  
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Originally Posted by ghostrider20
What's a pension? Never heard of that!
What's a Golden Parachute???
I never heard of retirement? Oh I'm 48 now there wont be such a thing if I can pay my medical bills to live longer???
Old 05-05-2016, 07:42 PM
  #92  
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i collect my police pension, but cannot collect any ss because of my police pension
is above a certain amount. but i have to get medicare. jim
Old 05-05-2016, 10:52 PM
  #93  
GCD1962
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"it is not going to be easy for our Grandchildren."


No it won't be, but they are the ones writing their own ticket as they are the ones who are voting for the progressives and the left liberals.
Old 05-06-2016, 02:08 PM
  #94  
SPLITRAY
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My wife just started taking hers @ 62, I'm 61 but my financial advisor recommends waiting (If I don't need it) till age 70 where I'll get 32 percent more.
If anything happens, I can always start withdrawing.



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