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  • bus driver Oct 17, 3:58 p.m.

    Teddy, I currently live on $2000 a month, with a house and car payment. While I do have to watch my money, it is enough. The difference in those that draw SS is that they are generally of retirement age and have the additional cost of medical needs.

  • charmcclainlovesdogs2 Oct 17, 1:15 p.m.

    It was meant to supplement what you did on your own.

    You are right on that. But many don't have even that extra to fall back on. Now what?

  • teddyspaghetti Oct 17, 12:35 p.m.

    I can always use the extra money but I wish soc security would have kept the money to reduce the federal deficit. gwk8845

    Feel free to write a check payable to the deficit....

  • teddyspaghetti Oct 17, 12:31 p.m.

    Let's be honest here. SS was NEVER meant to be your ONLY retirement plan. It was meant to supplement what you did on your own.

    Let's use some numbers. Say the government takes $400/month from your salary (averaged over your career!). You start working at 20 and retire at 65. The interest rate has to be relatively low since it's the government after all (let's use 3%) and you draw from SS for 20 years.

    The amount of money that you have at 65 is about $500,000. Divide that by 12 then 20. That means that SS would pay you $2000 per month. That sounds like a lot if your house is paid for and you live VERY frugally, but alas, in most cases that is not the case. Most of us could not live on that.

    SS is just one of your retirement paths. You will need to invest on your own in addition to SS in order to survive in your old age....*IF* SS is around anymore!!!!

  • childofNC Oct 17, 12:30 p.m.

    The payout should be limited to the amount paid in plus interest or investment return. Not sure why the government stepped in to get in the business of handling retirement in the first place.

  • GK N.Ral Oct 17, 11:59 a.m.

    I can always use the extra money but I wish soc security would have kept the money to reduce the federal deficit.

  • storchheim Oct 17, 10:41 a.m.

    whatelseisnew, where should "the Feds" get the 10,000 per baby?

  • artist Oct 17, 10:16 a.m.

    "These 47% of our citizens include our senior citizens, veterans, and persons with disabilities. "

    OK.

    So - do these 47% pay any federal taxes? (regardless of the reason).

    No. They do not.

    So Romney's statement was factual.

    My retired parents pay federal taxes every year.

  • artist Oct 17, 10:13 a.m.

    "my father receives social security, and I can assure you...his standard of living is really LOW. I think it's shameful the way we treat our elders in the United States. For all they have done for us, and this is the best we can do???"

    Well... you are a lousy daughter.

    Is that all he has? SS?

    And you are not helping him for all he has done for you?

    So... what do you want the rest of America to do... pay you father's way? (BTW - theirs is the generation that are receiving far more than they ever put into the system)

    But why complain to us.. that we are mistreating you father? We are putting up our tax money to assist your father.... but it is not our responsibility to carry him fully. More of that responsibility belongs to YOU.

  • samdutes Oct 17, 10:00 a.m.

    These 47% of our citizens include our senior citizens, veterans, and persons with disabilities. Use your common sense in casting your vote for President Obama." Tarheel7074

    You need to check your facts, my parents are retired and they are all of these except part of the 47%.......they still pay taxes unlike the 47% you are talking about.

  • southerntalent Oct 17, 9:56 a.m.

    some older people on ssi get between 6-700 a month thats not enuf to live on

  • redant Oct 17, 9:02 a.m.

    Working state employees got less this year and it was their first raise in several years.

  • RockMan Oct 17, 8:52 a.m.

    "Here are the facts: With an Obama reelection your social security and medicare benefits will continue to be secure, even though likely not increasing at a rate to keep up with increased fuel and food costs at present but at least you won't lose your benefits. If Romney is elected, you will have your social security benefits reduced, medicare benefits decreased, and your taxes on the middle class increased. Remember, Romney said he considers 47% of Americans to be irrelevant to him and considers them victims who live off the government and do not take responsibility for themselves. These 47% of our citizens include our senior citizens, veterans, and persons with disabilities. Use your common sense in casting your vote for President Obama."

    you are completely wrong about all of these "facts"
    do some research before spouting off what you heard on facebook.

  • AWakeMom Oct 17, 8:50 a.m.

    Dat MoFo -- mine too.....but my father receives social security, and I can assure you...his standard of living is really LOW. I think it's shameful the way we treat our elders in the United States. For all they have done for us, and this is the best we can do???

  • RockMan Oct 17, 8:44 a.m.

    This increase (which as a taxpayer I help fund) is more than all of my pay increases over the past half decade (I'm a teacher). Stop complaining.

  • Tarheel7074 Oct 16, 6:33 p.m.

    Here are the facts: With an Obama reelection your social security and medicare benefits will continue to be secure, even though likely not increasing at a rate to keep up with increased fuel and food costs at present but at least you won't lose your benefits. If Romney is elected, you will have your social security benefits reduced, medicare benefits decreased, and your taxes on the middle class increased. Remember, Romney said he considers 47% of Americans to be irrelevant to him and considers them victims who live off the government and do not take responsibility for themselves. These 47% of our citizens include our senior citizens, veterans, and persons with disabilities. Use your common sense in casting your vote for President Obama.

  • Dat MoFo Oct 16, 6:20 p.m.

    1.7% is more than all my pay raises combined from the past four years.

  • whatelseisnew Oct 16, 5:09 p.m.

    The sad part of this lady Jean is the very items she says are hurting her cost wise are not counted in the bogus inflation stuff the Government puts out. Worse yet, her Medicare premiums are going to rise next year and probably suck up the entire 1.7 per cent increase she received.

  • whatelseisnew Oct 16, 5:06 p.m.

    the solution to this is simple. At birth, the Feds place 10,000 dollars in an individually owned retirement account, such as a Roth, but with one stipulation that with this particular account it can not be touched 62 or perhaps 59 1/2. Over time this completely replacing the bogus SS stuff. As SS disappears, the money that USED to go into that ponzi scheme goes into these individually owned accounts. It is important that the person have LEGAL ownership of the account and the money within the account. We can also eliminate Medicare and Medicaid using the exact same technique. Not only will this be far less costly, but the opportunity for people to become wealthy and pass along significant money to their children is fabulous.

  • UNCfuturealumi Oct 16, 4:49 p.m.

    OK my senior friends and their families. Let us all make a difference in America when we cast our vote. Most of us are all suffering, our course the President is not, never will and neither is Romney and he never will. Where do we turn to?

  • edith wharton Oct 16, 4:43 p.m.

    They'll really find it difficult if ole Mitt gets elected. Social Security, Medicare and all that other "socialism" will be cut so fast it will make their heads spin!

  • RKBA Oct 16, 4:37 p.m.

    SS was never intended as a "retirment plan". It was intended as a government shell game.

  • original intent Oct 16, 4:34 p.m.

    SOOO many LIES in those watered down BLS stats...the FEDS been STEALING SS money for 40-50 years!!

  • BubbaDukeforPresident Oct 16, 4:27 p.m.

    Of course it's difficult when the dollar isn't buying what it was last year or four years ago, or ten years ago. More debt equals inflation. More Obama means more debt and a substandard lifestyle.

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