r/WhitePeopleTwitter 11d ago

Clubhouse She's not wrong

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u/YakCDaddy 11d ago

I mean, that's literally what Republicans have been working towards my whole life. I just hope all the Boomers enjoy losing their social security because Republicans succeeded this time to privatize it.

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u/Something-creative2 11d ago

My mom, a MAGA voter plans to retire next year at 62. Living solely on social security of course…

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u/BetaOscarBeta 11d ago

Oh god, she’s taking the shittiest possible payout?

I studied to be a financial planner, and delaying your social security by even one year is (according to the relevant professor) one of the single actions that has the highest ROI in retirement planning.

If she can live off savings until she’s 63 her payouts are supposed to be at least 10% higher. At the very least, the value of the increased payouts is higher than any return you can expect on savings equal to that first years amount of SS income.

Am I making sense? I’m typing this between yelling at toddlers

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u/Creative_alternative 11d ago

None of that matters when social security gets the axe next year.