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Treasured Social Butterfly

Re: Share your concerns about Social Security

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Message 81 of 314

@ag33003889 - If you asked someone at SSA, would they be able to generate a detailed comparison of how much you'd collect by age 80, 90, etc., based on different scenarios for when you began collecting? Telling someone that doing X would only result in "a very small increase" is vague; I'd want to know the numbers!


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Re: Share your concerns about Social Security

2,847 Views
Message 82 of 314

In your text you point out that delaying receiving social security benefits will mean an increase of 8% per each year that you delay.  The SSA told me that that is only the case if you continue to work and contribute.  I never see this important detail mentioned in articles on this topic and have to conclude that without mentioning this condition, an article is going to be misleading. 

 

I was misled because I intended to delay taking the benefit but live on my own resources for a few years.  But the SSA told me that such waiting would result in a very small increase in benefits and that I may as well start taking my social security immediately on reaching 'Full Retirement Age' (66 in my case).

 

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Re: Share your concerns about Social Security

2,903 Views
Message 83 of 314
I read there is not going to be a cost of living raise this year ( hope I am wrong) rent went up. Grogery went up and most likely everything will follow. What I read was they feel that inflation did not go up much in the past year, which I feel is a bunch of crock. Seniors in this country are very lucky to be able to buy food We know how to handle our money., but really. Such a shame I will just go with the flow and hope for the best
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Re: Share your concerns about Social Security

2,914 Views
Message 84 of 314

While George W. Bush was in office, he borrowed !.37 Trillion from Socialy Security, to cover a tax break for the rich.  The money has not been paid back.

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Re: Share your fears about Social Security

2,764 Views
Message 85 of 314

vc79014255 wrote:
I am trying to live on $1,218.00 a month. I have nothing left after I pay my bills. I was married for 21 years to my now EX- husband. When can I claim on his SS ?

Here is some reading material that should answer all your questions.

 

From the AARP:

AARP 09/09/2013 Social Security Mailbox - 
 Divorce and Social Security Benefits

 

There was a good blog advice / help article in the Huffington Post just the other day about this:

Huffington Post 08/20/2015 Retirement Planner: Benefits For Your Divorced Spouse

 

and here is the Social Security Administration page on just this subject:

Social Security.gov - Retirement Planner: Benefits For Your Divorced Spouse

 

 

 

 

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Re: Share your fears about Social Security

2,748 Views
Message 86 of 314
I am trying to live on $1,218.00 a month. I have nothing left after I pay my bills. I was married for 21 years to my now EX- husband. When can I claim on his SS ?
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Re: Share your concerns about Social Security

2,669 Views
Message 87 of 314
Not having enough money to care for people who have paid into SS
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Re: Share your concerns about Social Security

2,640 Views
Message 88 of 314
 
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Re: Share your concerns about Social Security

2,699 Views
Message 89 of 314
We Americans who have worked and investef in the social security system are scrutinized and treated almost like criminal fraud thrives before we can receive payouts of our on investments,or our dependents. But immigrants can come here and receive out of our funds which they never deposited into as soon as they get here with no questions asked.YThen the government finds money to give them grants for homes, when we have so many veterans and others homeless on the streets. How can my country America, my.state Florida,my city Miami say they concentrating on doing justice. Whats justified in that.
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Re: Share your concerns about Social Security

2,704 Views
Message 90 of 314

It is amazing to me that Congress can get a minimum pay raise without ever bringing the topic up for discussion.  However, they sit there in D.C. like "fat cats" haggling over a miniscule raise for Social Security recipients and want to cut even more from the budget.  The idea that raising the amount we pay each month for Medicare is awful.  I am in my 70's and will work til the day I drop dead because the stock market killed my retirement savings and I have to rely on my job and SS each month to help pay bills.  My husband and I helped raise a granddaughter and saw her through college.  My daughter is 55 and has been unable to find a regular 40 hour a week job with benefits.  We help her when she needs it.  Yet, through all this, I can honestly say that we are not hurting as much as those who barely subsist on SS.  Yes, not everyone can go to work like I do.  I'm very fortunate to have the strength and energy and good health to do so.

When the power company needs more money, they simply raise rates by charging for odd things.  I pay to be billed.  How else will I know what to pay??

The price for ground beef, chicken and pork are ridiculous.  How can some folks live with these prices and no raise in SS??

 

Our insurance for our house has been increased to $1200 a year and we have never had a claim against this house in the 10 years we've lived in it.  The insurance companies give benefits to victims of natural disasters and we get to pay for it.  The system leaves a lot to be desired.  We pay taxes to have FEMA give assistance and we also make donations to help victims.  I believe we are now victims of these storms because of this pass-through from the insurance companies.

 

How can people continue to live even reasonably on SS when Congress refuses to increase payments, plans cuts, and raises Medicare rates.  Oh yes!  I also continue to contribute to SS every payday and see no return on that money.  SS acts like they have it coming to them.  The amount I pay to them every year exceeds one month of my SS check.  In essence, I pay one of my SS checks to continue to work because I can't live on SS alone.  There is something wrong here and it is Congress.  Folks who get fat pensions from their employers as well as social security don't know what it is like to change their lifestyles.  These are the things I worry about when I hear about Congress using SS money to pay for other things in their budgets!

 

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