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  • 4 Dividend Stocks to Hedge Against Social Security Failure [View article]
    Seekingtruth sez: "Perhaps our chances are improved on receiving Social Security and would be enhanced, if we keep those people in office that truly believe in it , are willing to financially sustain and improve it, and keeping those people out that are trying to propagandize, and plunder it for self serving reasons, and ultimately destroy it. "
    ----------------------...
    Better idea, how about we phase SS and Medicare out over the next 15-20 years (inflation may do that anyway) and put the onus back on people to do their own retirement savings and medical care preparation?

    Vis Medicare: The average SA reader (and their employer) will contribute around $60,000 into the Medicare Slush....er...Trust fund over a 40 year career. With nominal interest, this becomes $142,000. This would buy a pretty gold plated private insurance plan instead of having to find a medicare accepting Doctor (fewer every day) who will put up with a diminishing pay schedule and the onerous paperwork.

    p.s. I am on Medicare and in my first 2 years have spent less than the current Medicare Pt B premiums and certainly less than the interest on the aforementioned $142,000.
    Aug 26 09:52 am |Rating: +3 -9 |Link to Comment
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