Reply to What Would You Be Willing to Do to Save SS?

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[quote=Anonymous][quote=Anonymous]I'd go for increasing the taxable cap and decreasing the benefits for upper incomes.  But I also think we should increase benefits for people with lower incomes.  If your parents have $150K in retirement income, they've done a lot more than just save responsibly, they've also earned good income most of their lives and probably live in a home that's paid for.  Some people depend solely or primarily on Social Security and don't have any money left over.

I am not in favor of raising retirement age at this time.  While middle and upper class people are living longer, life expectancy for working class whites is going down, and many of them do physical labor that is really tough on a 67-year old body.[/quote]

agree 1000%  People with lots of assets should get a reduction in SS until they spend down their assets. And I believe everyones payments should be less divergent, so that low earners arent left to live off half the SS income of someone well off who doesnt even need it so much.[/quote]

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