2010 Social Security Cost of Living Adjustment

[Diane Amberg]

Well said.

[flo]

I draw ss and believe you me, working for 50 years sure didn't give me much of a monthly income now.  Like Wilma said, it's not the amount you get, but how you manage it.  I always manage to run out before the end of the month.    Another side of this is, what about the people who do not live long enough to draw the social security they paid in for years and years.  My husband died exactly one month after he got his first check.  I draw on my own, so someone else will reap the benefits of the years he worked and paid in.  I hope they appreciate it. 

[Diane Amberg]

How true. How about that inflation? Maybe it's too complicated for some of the "younger" readers to understand...poke, poke...

[Varmit]

Flo, that stinks. That money should be yours.  And I agree, folks should manage their money better.

Well, good, if you and enough more decide to not collect your social security, there will be more for the rest of us.-wilma


and if you, and more like you, would decide to not collect and cash those checks I wouldn't have to pay in.  Thus, more of MY money in MY pocket.

[redcliffsw]

Dr. Walter Williams has a recent good article entitled "The National Ponzi Scheme"
and you can read right here:

http://www.creators.com/opinion/walter-williams/the-national-ponzi-scheme.html

[Varmit]

excellent post!!!

[greatguns]

I'll keeep paying in and if there isn't any left for me I will cross that bridge when I get there.  Still think this Country is better than any other.

[Wilma]

I am drawing from my own account, but then I am drawing enough more from my husband's account to bring my check  up to what his check was.  My account didn't amount to much as most of my working years was for the federal government.  My husband, on the other hand, had worked for wages and paid in for 38 years, sometimes the maximum.  If my account had been big enough to pay me the widow's amount, my husband's account wouldn't have been used for me.

[srkruzich]

I draw ss and believe you me, working for 50 years sure didn't give me much of a monthly income now.  Like Wilma said, it's not the amount you get, but how you manage it.  I always manage to run out before the end of the month.    Another side of this is, what about the people who do not live long enough to draw the social security they paid in for years and years.  My husband died exactly one month after he got his first check.  I draw on my own, so someone else will reap the benefits of the years he worked and paid in.  I hope they appreciate it. 

Flo, i worked 32 years paying into it the last 10 years i worked i maxed out my SS payments, and when i became disabled It took me 3 years to draw on it.  I don't get full retirement, only 60% i think and i barely make it to the end of the month. 
My dad worked 40 years and never got to see one dime when he died at 56.  My mom can't even make it on what they pay with the life insurance my dad left her.

[srkruzich]

How true. How about that inflation? Maybe it's too complicated for some of the "younger" readers to understand...poke, poke...

When the gasoline went up to 4 dollars a gallon, i never went anywhere.  It would cost me more on gas than i spent on groceries to go get them