Quote:
Originally Posted by Guest
Very good post. IF everyone did the 401k, it would be wonderful, but that does not happen. The SS is a safety net to supplement your other retirement plan. That is why Means Testing is a good idea. If, according to a sliding table, your retirement income is high enough to get along just fine with less than, or none, of the SS money, you are able to draw a reduced amount or no SS at all.
The SS safety net is there for those in need, not for those who do not need it.
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Yeah, I want some bureaucrate that makes 100K or more a year to determine home much income "is high enough to get along just fine with less than, or none, of the SS money...". That sounds like great plan.