Top 25 Questions asked about Social Security

[Dan47]

“1. I am about to turn 62 and plan to file for Social Security. How do I get started?

You should apply three months before you want to start collecting. Sign up online or call 1-800-772-1213. Here are some documents you may have to produce: your Social Security card or a record of the number; your birth certificate; proof of U.S. citizenship or lawful alien status; military discharge papers if you served before 1968; and last year’s W-2 tax form or tax return if you’re self-employed.”

http://www.theretirementhandbook.com...ocial-security

I’m getting close to drawing it. I hope everyone younger than me, is paying their fair share.

[Dan47]

Originally Posted by StorytellerStealth

Be 62 on July 1, taking mine then. $2600 per month, be extra van travel enjoy meant. Thanks for posting.

Good. Not sure how much I’ll draw but should cover a corvette payment.

Think I’ll write my representatives and ask if they can pass some type of legislation that makes millennials pay for my plates too.

[Dan47]

Not all millennials, just bagger.

Edit: *badger

[Dan47]

[TheRealBadger]

Originally Posted by Dan47

Not all millennials, just bagger.

Bagger is a millennial?

[Dan47]

Originally Posted by TheRealBadger

Bagger is a millennial?

I give up. So, you don’t know then?

[TheRealBadger]

Originally Posted by Dan47

I give up. So, you don’t know then?

How would I?

[jw38]

I started taking SS at 64 1/2. It's fun play money!

BTW...am I the only one who thinks the Z51 badge (or whatever the heck it is) on the C8 looks like shit? It looks like it came from a JC Whitney catalog.

[Dan47]

Originally Posted by jw38

I started taking SS at 64 1/2. It's fun play money!

BTW...am I the only one who thinks the Z51 badge (or whatever the heck it is) on the C8 looks like shit? It looks like it came from a JC Whitney catalog.

I thought it was a Z06 badge at first.

[Dan47]

Originally Posted by TheRealBadger

How would I?

Who?

[Bruze]

The easiest way to calculate the most advantageous age to start SS:

1. Enter the year you will die.

2. . . .

[6 Shooter]

[Bruze]

.

[Yadkin]

1. Late 80's I started planning my retirement based on the theory of SS running out of money/ means testing on day two after I start taking it.
2. The Grubberment has proved to be even more fiscally irresponsible with each passing decade.
3. Therefore I will start accepting payments as soon as possible, getting as much of my taxes back as possible before the shit hits the fan.
4. Any FedCo payments will go directly to unnecessary or luxury expenses, for example a Porsche 718.

[TheRealBadger]

Originally Posted by Bruze

The easiest way to calculate the most advantageous age to start SS:

1. Enter the year you will die.

2. . . .

Actually, the best tool is opensocialsecurity.com. Great tool to determine especially if you have a spouse.

We will take my wife’s when she is 62 and then we will both take mine when I am 70. We will draw my wife’s for 13 years before taking mine.

[TheRealBadger]

Originally Posted by Bruze

.

#fact

Boomers gonna bust the whole damn system then just up and die off.

[Vette40th]

Social Security, and it disability payments are BS too. The fact your spouse ( ex also) can draw yours, or a percent of your SS at a certain age, even if you arent dead.
They are just printing BS money and using this as a segway to give out as charity to those that dont deserve.
If you get injured, should be workmans comp. Not SSDI.
Get insurance for your injuries.

[Dan47]

Originally Posted by Bruze

.

[TheRealBadger]

Originally Posted by Vette40th

Social Security, and it disability payments are BS too. The fact your spouse ( ex also) can draw yours, or a percent of your SS at a certain age, even if you arent dead.
They are just printing BS money and using this as a segway to give out as charity to those that dont deserve.
If you get injured, should be workmans comp. Not SSDI.
Get insurance for your injuries.

Get insurance?

It literally is an insurance program. Always has been.

[Dan47]

Originally Posted by Vette40th

Social Security, and it disability payments are BS too. The fact your spouse ( ex also) can draw yours, or a percent of your SS at a certain age, even if you arent dead.
They are just printing BS money and using this as a segway to give out as charity to those that dont deserve.
If you get injured, should be workmans comp. Not SSDI.
Get insurance for your injuries.

I think these transfer payments are keeping the system from collapsing?

Dollar is the World’s reserve currency and it’s borrowed into existence which “theoretically”, creates an infinite shortage of dollars, (principle/interest payments).

It’s more complicated than that, with the Eurodollar and such but that’s the basic premise. In order for such a system to operate, it needs infinite growth or occasional Busts, to cleanse the system of bad loans / malinvestments.

For whatever reason, political or otherwise, the folks in charge stopped allowing the system to experience a bust / recession? And now the World has a massive amount of malinvestments and impossible financial promises (unfunded liabilities), to service and/or settle, at some point.

Some excellent resources for understanding wtf:

https://workableeconomics.com/how-th...-system-works/

https://www.financialsense.com/contr...iat-currencies

https://www.sciencedirect.com/scienc...57521915001477