Originally Posted by notEnuf (Post 4004632)

Im not saying this is wrong but it does not matter. Pragmatism will win the day and means testing will eventually be needed. I don’t think being an ASE mechanic will work for the masses as a way to earn 250K. A more practical route would be a life long progression in education to achieve in a chosen field. That starts with a bachelors degree. Embry Riddle is making those people and in their 20s. Airline pilot as of now is still one of the best gigs and competitively requires a degree even if it is a liberal arts basket weaving theory for the modern age major.

Originally Posted by Uninteresting (Post 4004647)

if means testing is put forth, then it will be attached to a minimum number of hours (at least 50) worked per week in a job that contributes to our gdp. watch those decide they need to work even harder to enjoy a fraction of their easy life they currently live. capitalism and free will and all.

Originally Posted by notEnuf (Post 4004650)

...How do you know if you collect the benefits if you can’t go to the bathroom by yourself?

Originally Posted by Joe Bauers (Post 4003883)

SS needs to be fixed. A guy with $5 million in his 401k taking let's say $300k a year out gets his full SS payment. Now let's look at someone living on their SS check. If they take a job to try to make ends meet their SS is reduced if they make more than approximately $18k a year working. I saw this happen to my mother.

Same thing with rental income. I know a guy with 300 doors in his rental portfolio and he brags about still getting the full SS benefit.

So, yeah, if you're rich you shouldn't get SS benefits but you should still pay for it.

Originally Posted by m3113n1a1 (Post 4004305)

Some would call that a.... privilege.

Originally Posted by GutterGuard (Post 4004697)

Depends...

Originally Posted by DogPit (Post 4004700)

Do you get to decide who is “rich”?

Originally Posted by Joe Bauers (Post 4004907)

I would say, in the context of my post that you quoted, that both the guy with $5 million in his 401 (k) and the guy with 300 doors in his rental portfolio are rich compared to the person living on SS and getting penalized because they are working to make ends meet. Wouldn't you agree?

Originally Posted by Joe Bauers (Post 4004907)

I would say, in the context of my post that you quoted, that both the guy with $5 million in his 401 (k) and the guy with 300 doors in his rental portfolio are rich compared to the person living on SS and getting penalized because they are working to make ends meet. Wouldn't you agree?