Should there be a public information campaign to tell people that Social Security isn't enough to

[raccoon]

live on?

I'm sure most people here know that, but I've heard it mentioned here that some people don't know that.
And I've known a few in RL that didn't know that.

[mucifer]

1. What is even sadder is that some people haven't payed in to social security

so they won't get a check. Those people might have lived hard lives being an unpaid caregiver to a relative.

[Recursion]

16. Not to go primary-ish, but O'Malley's SS plan addresses that

It gives SS credits to people doing child or elder care. I hope all the candidates adopt it.

[cantbeserious]

2. What Difference Would That Make When One Lives Paycheck To Paycheck Thanks To The 1%

eom

[Le Taz Hot]

3. Oh, I think most people know that.

The question is, in today's economy, after the 2008 downturn and the one we're about to face again, how do people, a) save money and b) hold onto it without having to spend it to survive during these (planned) "downturn" times?

[raccoon]

4. I'm aware that many people don't make squat, and it's hard to see how they could save anything.

But I think it's better to know that SS won't be enough to live on than to for someone to think it will be, and get
an unpleasant surprise.

[CTyankee]

11. and some are eager to take it early and get less forever...some have to because they literally can't

work any more because of numerous health problems. But if you are reasonably able bodied and can hold onto your job, you should wait til 65 + 4 months as I did. I did take a part time job tho...

[Matariki]

12. 67 + 8

and it keeps going up

[CTyankee]

13. that was 10 years ago so I figure that things had changed...

wow, 67 + 8 is terrible. I wouldn't have lasted that long as every woman staff member in my organization over the age of 60 was systematically being edged out.

[Matariki]

14. Yes. Exactly.

Most people in my field (software development) are under forty. And male.

I was mistaken, it's 66 + 8. Still. I expect I'll be working until 70 given how hard it is to save enough for retirement and how little social security provides.

[CTyankee]

17. I thought about continuing to work at the part time job even after I inherited enough

money to retire and live ok. But I got tired of it and even tho I was part time, I was asked to do more and more "little extras" here and there and that was wearying. I really liked the organization and my boss but she was one of those people who just worked all the time and never stopped so I think she thought everyone else wanted to do the same. When she became a grandmother for the secoond time she decided she wanted to be withher grandkids and retired herself.

[Erich Bloodaxe BSN]

5. No.

There should be a campaign to raise social security to the point where it IS enough to live on.

[Vinca]

6. You are exactly right!

[bvf]

7. Step #1: Raise the cap. n/t

[Scuba]

8. /\_/\_This right here_/\_/\

[bigwillq]

10. ......

[fadedrose]

9. While you're at it,

tell them that the deductibles on Medicare can't be met because of living costs, and Medicare is not free, an average of a hundred or so is taken out of every SS check. Lots of folks don't go to doctors any more. And some doctors won't take medicare because allowances aren't high enough for them, but the cost of medicare has risen.

Bernie wants to expand SS. Increasing benefits and raising the caps on salaries taxed for social security. They should include the types of income not taxable for SS now - interest, dividends, etc.

[Recursion]

15. That's always been the official line, hasn't it?

The whole "3 legged stool" thing of SS + savings + pension?