Saving Social Security
| December 24th, 2024 at 1:33:49 PM permalink | |
| SOOPOO Member since: Feb 19, 2014 Threads: 25 Posts: 5730 | One of the largest factors on deciding on collecting early is inflation. The higher inflation the earlier you should collect. Since I really have no idea what will happen with inflation, I will start collecting. Sometimes ‘cash flow’ trumps other factors. In my case, I just like the feeling of getting money for doing nothing. |
| February 25th, 2026 at 2:44:16 AM permalink | |
| odiousgambit Member since: Oct 28, 2012 Threads: 165 Posts: 6374 | The latest estimate for the depletion of the SS fund is 7 years. Then it will be a simple transfer of tax funds from workers to the retired, and if nothing is done we recipients will get a haircut.
that's going to be a shock https://www.foxbusiness.com/politics/social-securitys-main-trust-fund-faces-depletion-2032-triggering-benefit-cuts . I'm Still Standing, Yeah, Yeah, Yeah [it's an old guy chant for me] |
| February 25th, 2026 at 5:52:07 AM permalink | |
| SOOPOO Member since: Feb 19, 2014 Threads: 25 Posts: 5730 |
This is an easy one to analyze. No politician can cut anything to do with SS unless he is lame duck. It’s the easiest way to not be re-elected. Thus, when the fund has ‘ran out’, they will just shift regular tax dollars to keep the checks coming. I have absolutely no worries that my SS checks will keep coming until I’m underground. |
| February 25th, 2026 at 7:05:40 AM permalink | |
| odiousgambit Member since: Oct 28, 2012 Threads: 165 Posts: 6374 | I think it is inevitable that eventually the amount that is paid out in SS is purely what the taxpayers are willing to, or coerced into, paying out. There will be no excess to be put into a fund. There may be a period where deficit spending occurs, maybe by connecting with general government funding, but I think that will end [not sure]. How it is distributed will change, for sure the qualifying age will go up and the cut-off point for higher earning contributers will increase too. What bothers me is that this problem of there now only being 2-3 workers to support each retiree had to be known to be inevitable from the start, and that our near future situation was inevitable. I think they were hoping for 100 years or so by limiting [or not even having!] cost of living adjustments I'm Still Standing, Yeah, Yeah, Yeah [it's an old guy chant for me] |
| February 25th, 2026 at 8:32:08 AM permalink | |
| JimRockford Member since: Sep 18, 2015 Threads: 2 Posts: 1061 |
Understand that you have choices other than 62 or 70. You might decide to collect at some age in between. A government of laws and not of men. - John Adam’s |
| February 25th, 2026 at 11:23:20 AM permalink | |
| Gandler Member since: Aug 15, 2019 Threads: 30 Posts: 5250 |
It is. The VA (which is a prime example of government healthcare where everything is gov run and gov employees,) and it has better satisfaction than average private healthcare in U.S. https://www.npr.org/2023/06/14/1181827077/va-hospitals-health-care Basically, everyone who has the option of VA care almost always chooses it. The level of care is equivalent or better depending on service area and there is no charge. Also, wait times are shorter overall (this is another frequent point of lying by the right.) https://www.hsrd.research.va.gov/research/citations/pubbriefs/articles.cfm?RecordID=1183 Most anti-VA stuff is selective and anecdotal, and a sign of locally bad management in X hospital or clinic, while the system overall is amazing. |
| February 25th, 2026 at 12:07:13 PM permalink | |
| SOOPOO Member since: Feb 19, 2014 Threads: 25 Posts: 5730 |
I worked at a VA hospital, as well as a private hospital, 40 ish years ago. You literally would have had to be insane if you thought the level of care was equivalent between the two. Veterans did feel ‘welcome’ at the VA hospital. And since it was FREE they would choose it if they had a choice. I also for the years following working there was aware of my local VA hospital. In brief, they were able to hire the doctors that were not hired by the local private hospitals. Leftovers. I guarantee you that if I had a choice between the VA system and a private hospital, there is no way I’d pick the VA. It’s too many years of experience to be called ‘anecdotal’. |
| February 25th, 2026 at 12:26:33 PM permalink | |
| Gandler Member since: Aug 15, 2019 Threads: 30 Posts: 5250 |
Respectfully, 40 years ago is not today, and even so, it was just the specific hospital that you worked in. Since 9/11, lots of investments have been made into the VA system and a lot of stuff has been modernized and expanded. I'm not eligible for VA. But, if I were, I would do everything routine through the VA and not be slightly worried (and I have great insurance between my own from my job and my wife's, I can basically go anywhere in the U.S. and not worry about paying, so it's not because I lack options.) |
| February 25th, 2026 at 4:11:50 PM permalink | |
| rxwine Member since: Oct 24, 2012 Threads: 217 Posts: 22932 |
"Trumpsplain (def.) explaining absolute nonsense said by TRUMP. |
| February 25th, 2026 at 7:52:26 PM permalink | |
| GenoDRPh Member since: Aug 24, 2023 Threads: 5 Posts: 2827 |
i wish to point out the VA health systems are very selective in the pharmacists they hire. I also wish to point out that SooPoo is/was an anesthesiologist, so he may be well aware of the VA's lower scores regarding pain management, and is/was frustrated with the institutional resistance to make them better. |

