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06-14-2007, 09:50 AM
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I was asking - do you think those that will be eligible for SS in 20 years are out of luck? At 15 years out they should be okay? Or some variation in between?
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06-14-2007, 09:59 AM
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Quote:
I am 30+ years to collecting. I will collect it, but it may trigger Roth withdraws to be taxed, or I might be paying tax on 100% of SS. The government will find a way to keep system afloat- reducing benefits and raising retirement ages along the way.
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06-14-2007, 11:00 AM
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I think the system will remain but will be modified. Being 25 years out, I expect there to be changes between now and then. Probably some combination of reducing benefits, raising taxes and raising retirement ages.
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Steve * Despite the high cost of living, it remains very popular. * Why should I pay for my daughter's education when she already knows everything? * There are no shortcuts to anywhere worth going.
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06-14-2007, 11:41 AM
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I'm 30+ years out and I'm guess it will be means based or something the draw, though I pay into it. DH and I are under 30. So for us no way. Right now the earliest we could draw is 62, but I bet by then even "early drawing of SS" will be 67 and normal might be like 70 or 72.
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