Posted by Ken C. M. on August 5, 2006, 11:55 am
Anyone here know of a LEGAL way for a mid-30 something to get out of
paying into social security? I mean everyone knows that the system will
be bankrupt in like 10 to 15 years, so I really don't think that it's
going to do ME much good paying into the system, when there is virtually
NO CHANCE that I will ever see any of that money ever again. I would
much rather invest it myself somewhere i.e. stocks mutual funds etfs'
etc etc etc. Thanks for any feedback.
Ken
Posted by Dennis on August 5, 2006, 12:07 pm
On Sat, 05 Aug 2006 11:55:16 -0400, "Ken C. M."
>Anyone here know of a LEGAL way for a mid-30 something to get out of
>paying into social security?
Quit your job and live on unearned income (interest, capital gains,
rent, etc.).
Dennis (evil)
--
My output is down, my income is up, I take a short position on the long bond and
my revenue stream has its own cash flow. -George Carlin
Posted by George Grapman on August 5, 2006, 12:07 pm
Ken C. M. wrote:
> Anyone here know of a LEGAL way for a mid-30 something to get out of
> paying into social security? I mean everyone knows that the system will
> be bankrupt in like 10 to 15 years, so I really don't think that it's
> going to do ME much good paying into the system, when there is virtually
> NO CHANCE that I will ever see any of that money ever again. I would
> much rather invest it myself somewhere i.e. stocks mutual funds etfs'
> etc etc etc. Thanks for any feedback.
>
> Ken
>
"Everyone knows"? In 1978 the man who is currently president said it
would be bankrupt in ten years.
--
To reply via e-mail please delete 1 c from paccbell
Posted by baron48 on August 8, 2006, 5:04 pm
George Grapman wrote:
> Ken C. M. wrote:
> > Anyone here know of a LEGAL way for a mid-30 something to get out of
> > paying into social security? I mean everyone knows that the system will
> > be bankrupt in like 10 to 15 years, so I really don't think that it's
> > going to do ME much good paying into the system, when there is virtually
> > NO CHANCE that I will ever see any of that money ever again. I would
> > much rather invest it myself somewhere i.e. stocks mutual funds etfs'
> > etc etc etc. Thanks for any feedback.
> >
> > Ken
> >
> "Everyone knows"? In 1978 the man who is currently president said it
> would be bankrupt in ten years.
Well, it did need to be err...reformed in the 80's or he would have
been
right. It would seem that some of us are paying a lot more while the
age
where we can collect has been pushed out further. I was not old
enough to vote at the time these decisions were made. Curious how
that works.
-Tom
Posted by C. Massey on August 5, 2006, 12:07 pm
> Anyone here know of a LEGAL way for a mid-30 something to get out of
> paying into social security? I mean everyone knows that the system will be
> bankrupt in like 10 to 15 years, [...]
I've been hearing that for 30 years now...
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>paying into social security?