Reply to Social Security..should I take it now?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]This thread is funny because you can tell who actually reads the letter the Social Security Administration sends every year and who throws it straight in the trash.

[b]If you think you've "earned" your SS, you definitely haven't been opening those letters. [/b]

OP's case is marginal, but in the next few years people are going to have to more heavily weigh taking their benefits earlier, because around 2035 all SS benefits are going to get slashed by 30%, and whinging about what you've "earned" won't change that a bit. [/quote]

oh, i gotta hear this. do tell us please... [/quote]

Well if you'd [i]read the letter[/i] you'd see the part where it says that your benefits don't belong to you, they are defined by law and future legislation can change them [i]at any time[/i]. And then there's that other part that says notwithstanding what SSA formulas say you should get, if there's no money in the trust fund you just get a share of whatever SS revenue came in that year (currently estimated to be about 70-80% of obligations).

That letter goes out every. single. year. And it's said the same thing for the last 25 years.

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