[JGibson]

I never knew if you take your SS at retirement age and then go back to work you can still collect your SS but you also have to keep paying into SS you will never see that money in any way.

[manaboutown]

Originally Posted by JGibson

I never knew if you take your SS at retirement age and then go back to work you can still collect your SS but you also have to keep paying into SS you will never see that money in any way.

Yep! Even Charlie Munger who is still toiling away at the ripe old age of 99 (he will reach 100 1/1/24) must pay into Social Security and Medicare from his salary. At his investment income level he also pays the 3.8% NIIT on top of his other income taxes so he funds health insurance for others under the ACA. Thank you Charlie from those getting their health insurance through ACA!

[yellowtownhouse]

Originally Posted by CoachKandSportsguy

ugh, that's on the low side of inflation, but its entitlement money, so its probably best to keep it not exploding higher so that congress peeps don't come up with the wrong answer to continue funding it.

I have a question regarding inflation. I recently read that when inflation is being calculated that neither ENERGY or FOOD are included. I am completely taken aback. Would someone please explain how these two things ( that every human being needs to survive) could possibly be left out of the equation?? Please no political remarks and ranks, just looking for knowledge.
Thanks......