Thursday, October 13, 2005

SOCIAL SECURITY AND RETIREMENT

mojoala said...

your'e making more than 50,000 in retirement, you don't need social security either.

You'e right, anyone making $50,000 in retirement shouldn't get Social Security either. Look at Enron and all those other companies whose CEO's were fired, but given "Golden parachutes." Especially when the rank and file of those companies didn't have such to fall back on.

1 Comments:

At 9:21 AM, Blogger mojoala said...

I would narrow it down even further, if your retirement is double the minimum wage, then you don't need social security either provided of course when COLA goes into effect for SS it goes into effect for MW as well.

Double the current minimum wage comes to 1785 a month based on minimum wage of 5.15. I don't know what the current min is.

 

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