Social Security at 62 - where to deposit funds?
YodaRules
11 years ago
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sushipup1
11 years agolast modified: 9 years agoYodaRules
11 years agolast modified: 9 years agoRelated Discussions
Anybody living on Social Security only?
Comments (20)I know that joyful, but it's all a part of being healthy. If we live long enough we will all probably have cancer. I found this article very interesting. Man, Environment And Life Expectancy By Edward Grimsley In the beginning, the air and all the rivers, lakes, and oceans were clean and pure. And darkness was upon the face of the deep much of the time. Man spent most of his time looking for food and shelter, and shivering, clothing made from fig leaves not being very warm. Finally, he learned that animals were useful not only as food but also to provide clothing and shelter, since their pelts and hides could be used for cloaks and tents and so forth. He became a hunter and hunted all the time without a twinge of remorse, since there was no animal\-rights movement to tell him he was doing wrong. So he roamed the earth, searching for food and shelter, breathing the pure air and drinking the pure water. He had plenty of room to roam, for the Earth was not crowded in those pristine and prehistoric days. The average life span, you see, was only 18 years. Man limited his activity to the daylight hours, of course, since he had no light strong enough to dispel the darkness that covered the face of the deep several hours of each day. He was in bed by sundown, which means that he spent much of his short life in unconscious sleep. Over the centuries, life changed. Man discovered the fire, which provided heat and light. True, it burned forests, and occasionally human beings, but people decided the advantages of fire more than offset its dangers. Through the years, more and more people began to live in permanent villages, towns, and cities. They dumped their garbage into the streets and nearby streams and rivers. Thus they invented pollution. And life expectancy rose, reaching 30 years by Roman Times. Man continued to develop and change. Eventually he invented candles. Then he discovered that lamps fueled by oil, from whatever source, produced stronger light than candles. Since whales were a good sourced of lamp oil, people killed a lot of whales in those days. But there was less darkness upon the face of the deep. People could even see to read at night. Hardly anyone spoke out in defense of whales. In the 18th and 19th centuries, man moved into the Industrial Age. This featured factories that filled the air with black smoke and poured new pollutants into the rivers and lakes. Man breathed poison 24 hours a day. His live expectancy jumped to about 40 years. Miracle followed miracle. The industrial revolution led to the internal combustion engine in automobiles. Soon there were millions of these vehicles running about the globe spewing fumes into the air. Somebody invented cigarettes. With factory smokestacks, cigarettes, and automobiles filling the air with foul particles, lungs didnt know what fresh air felt like. Since the internal combustion engines and the factory furnaces and the power generators needed fuel, man drilled for oil and transported it hither and yon. Now and then he spilled some, polluting the rivers, lakes, and oceans. And his life expectancy soared beyond 60 years. And so it has gone most of this century. Good lighting provided by generators powered by coal, oil and nuclear energy has dispelled much of the darkness from the face of the deep, which means people no longer have to lie down when the sun does. Factories have produced machines that have made life easier and richer than prehistoric man ever thought it could be. Once forced to spend most of his waking moments merely to obtain the necessities of life, man now has leisure time in abundance. He can play at home or, if he chooses, hop aboard an airplane and fly to another playground on the other side of the globe in a matter of hours. And his life expectancy is about 75 years. From all this, it would appear that pollution is manÂs best friend, since the dirtier the environment, the longer he lives, and the more he prospers. Pollution actually is a very bad thing, however as the experts have been telling us for days in observance of the 20th anniversary of Earth Day. Civilization is doomed, they warn, unless people cleanup the air and water, stop smoking cigarettes, stop cutting down old trees, save the spotted owl, and recycle everything. Exactly how man can restore the purity of the air and waters and preserve the forests while retaining all the benefits of industrialization and technological progress is not clear. But future generations probably will have time to figure it out. Experts predict that babies born in this highly polluted year of 1990 may live an average of 110 years. Distributed by Heritage Features Syndicate....See Moresocial security
Comments (1)I will admit first that I don't understand it at all, but in my opinion it is the start of phasing out soc sec. I hear a lot about preparing for your own retirement and many are confident they can do it. BUT they can't count on even it being there. The good thing about Soc Sec is that it can't be taken away from you if a tragedy strikes you or your family. If you or a family member needs a heart or kidney transplant you will of course dip into the retirement fund to save your loved one's life. Or if you or your wife runs a red light and cripples someone you will take a huge loss and may pay the rest of your life. That is just two examples of how you can lose your retirement. We all need to write our representatives and ask them to fight any changes in soc sec. If they run low on soc sec funds they should stop sending money out of this country until their responsibility to the citizens are taken care of. We are very comfortable, I have prepared for this time in our lives....BUT there is one unexpected problem. Alzheimer's. If my husbands has to be placed in a care home, I will be ok, but only because we have a lot of assets. Anyone with less will lose most of their savings and their income. The saving thing for us is our soc sec and my husband's pension....See MoreSocial Security
Comments (23)chisue, FICA tax was designed to pay for social security benefits and it's been overcharging for that purpose since it started. Also, remember that self employed people (as I was) pay double the amount, currently 15.2%. It's a heavy tax and more isn't needed. alisande, economically it's a free country. There's a (maybe inadequate) safety net for those who falter or fare less well than others, but isn't each individual alone responsible for their lot in life and to take care of themselves and any others they support? I won't go along with any Robin Hood sentiment, those who obey the law and work hard to do well are entitled to their rewards. Those who don't strive and try anything possible to improve their own financial adequacy or well-being will do poorly and are entitled to those consequences too. There should be far more programs to help people redirect their lives and learn market-demanded job skills but beyond that, hmmm....See MoreSocial Security Card
Comments (28)I signed up for Social Security at age 62. I applied online. A day later a Social Security worker phoned me to ask one question and told me the amount I would receive and the date SS would start. Painless. Then about three months before I turned 65 I received my Medicare card through the mail. Because I was already getting SS I was automatically sent a Medicare card. Both Part A and Part B are shown on the card. If I chose not to pay for Part B the instructions said to mail back the card and they would send me a card for Part A only. If I chose to keep Part B with premiums deducted from my SS checks I was to separate the Medicare card from the rest of the paperwork they sent and put it in my wallet. Nothing more needed to be done. Easy peasy. I never drove anywhere to stand in any line to sign up for either Social Security or Medicare. Kessala...See Moresushipup1
11 years agolast modified: 9 years agoazzalea
11 years agolast modified: 9 years agoYodaRules
11 years agolast modified: 9 years agoazzalea
11 years agolast modified: 9 years agovnw232
11 years agolast modified: 9 years agosushipup1
11 years agolast modified: 9 years agoemma
11 years agolast modified: 9 years agosherwoodva
11 years agolast modified: 9 years agosushipup1
11 years agolast modified: 9 years agosushipup1
11 years agolast modified: 9 years agosusieq07
11 years agolast modified: 9 years agojoyfulguy
10 years agolast modified: 9 years agoaputernut
10 years agolast modified: 9 years agomccall
10 years agolast modified: 9 years agoemma
10 years agolast modified: 9 years agoMags438
9 years agolast modified: 9 years agoElmer J Fudd
9 years agolast modified: 9 years ago
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