Saving Social Security

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December 24th, 2024 at 1:33:49 PM permalink
SOOPOO
Member since: Feb 19, 2014
Threads: 25
Posts: 5730
One of the largest factors on deciding on collecting early is inflation. The higher inflation the earlier you should collect. Since I really have no idea what will happen with inflation, I will start collecting. Sometimes ‘cash flow’ trumps other factors. In my case, I just like the feeling of getting money for doing nothing.
February 25th, 2026 at 2:44:16 AM permalink
odiousgambit
Member since: Oct 28, 2012
Threads: 165
Posts: 6374
The latest estimate for the depletion of the SS fund is 7 years. Then it will be a simple transfer of tax funds from workers to the retired, and if nothing is done we recipients will get a haircut.

Quote: link
An illustrative scenario examined by the CBO finds that benefits paid to beneficiaries would be cut by 7% in 2032 and by an average of 28% per year from 2033 to 2036.


that's going to be a shock

https://www.foxbusiness.com/politics/social-securitys-main-trust-fund-faces-depletion-2032-triggering-benefit-cuts .
I'm Still Standing, Yeah, Yeah, Yeah [it's an old guy chant for me]
February 25th, 2026 at 5:52:07 AM permalink
SOOPOO
Member since: Feb 19, 2014
Threads: 25
Posts: 5730
Quote: odiousgambit
The latest estimate for the depletion of the SS fund is 7 years. Then it will be a simple transfer of tax funds from workers to the retired, and if nothing is done we recipients will get a haircut.



that's going to be a shock

https://www.foxbusiness.com/politics/social-securitys-main-trust-fund-faces-depletion-2032-triggering-benefit-cuts .


This is an easy one to analyze. No politician can cut anything to do with SS unless he is lame duck. It’s the easiest way to not be re-elected. Thus, when the fund has ‘ran out’, they will just shift regular tax dollars to keep the checks coming. I have absolutely no worries that my SS checks will keep coming until I’m underground.
February 25th, 2026 at 7:05:40 AM permalink
odiousgambit
Member since: Oct 28, 2012
Threads: 165
Posts: 6374
I think it is inevitable that eventually the amount that is paid out in SS is purely what the taxpayers are willing to, or coerced into, paying out. There will be no excess to be put into a fund. There may be a period where deficit spending occurs, maybe by connecting with general government funding, but I think that will end [not sure]. How it is distributed will change, for sure the qualifying age will go up and the cut-off point for higher earning contributers will increase too.

What bothers me is that this problem of there now only being 2-3 workers to support each retiree had to be known to be inevitable from the start, and that our near future situation was inevitable. I think they were hoping for 100 years or so by limiting [or not even having!] cost of living adjustments
I'm Still Standing, Yeah, Yeah, Yeah [it's an old guy chant for me]
February 25th, 2026 at 8:32:08 AM permalink
JimRockford
Member since: Sep 18, 2015
Threads: 2
Posts: 1061
Quote: odiousgambit
The breakeven point is closer, though, than 84 or 85, you draw up about even around 78 if your retirement age as set for normal was 65 like mine

It's a personal decision depending a lot on how long you think you will live. Naturally everyone wants to defend what they decided and naturally Bob's decision makes him think everyone should have made the same one

Understand that you have choices other than 62 or 70. You might decide to collect at some age in between.
A government of laws and not of men. - John Adam’s
February 25th, 2026 at 11:23:20 AM permalink
Gandler
Member since: Aug 15, 2019
Threads: 30
Posts: 5250
Quote: AZDuffman
This seems impossible. The lefties on here keep saying how smooth healthcare will go if the government runs it.


It is. The VA (which is a prime example of government healthcare where everything is gov run and gov employees,) and it has better satisfaction than average private healthcare in U.S.

https://www.npr.org/2023/06/14/1181827077/va-hospitals-health-care

Basically, everyone who has the option of VA care almost always chooses it. The level of care is equivalent or better depending on service area and there is no charge. Also, wait times are shorter overall (this is another frequent point of lying by the right.)

https://www.hsrd.research.va.gov/research/citations/pubbriefs/articles.cfm?RecordID=1183


Most anti-VA stuff is selective and anecdotal, and a sign of locally bad management in X hospital or clinic, while the system overall is amazing.
February 25th, 2026 at 12:07:13 PM permalink
SOOPOO
Member since: Feb 19, 2014
Threads: 25
Posts: 5730
Quote: Gandler
It is. The VA (which is a prime example of government healthcare where everything is gov run and gov employees,) and it has better satisfaction than average private healthcare in U.S.

https://www.npr.org/2023/06/14/1181827077/va-hospitals-health-care

Basically, everyone who has the option of VA care almost always chooses it. The level of care is equivalent or better depending on service area and there is no charge. Also, wait times are shorter overall (this is another frequent point of lying by the right.)

https://www.hsrd.research.va.gov/research/citations/pubbriefs/articles.cfm?RecordID=1183


Most anti-VA stuff is selective and anecdotal, and a sign of locally bad management in X hospital or clinic, while the system overall is amazing.


I worked at a VA hospital, as well as a private hospital, 40 ish years ago. You literally would have had to be insane if you thought the level of care was equivalent between the two. Veterans did feel ‘welcome’ at the VA hospital. And since it was FREE they would choose it if they had a choice.

I also for the years following working there was aware of my local VA hospital. In brief, they were able to hire the doctors that were not hired by the local private hospitals. Leftovers. I guarantee you that if I had a choice between the VA system and a private hospital, there is no way I’d pick the VA. It’s too many years of experience to be called ‘anecdotal’.
February 25th, 2026 at 12:26:33 PM permalink
Gandler
Member since: Aug 15, 2019
Threads: 30
Posts: 5250
Quote: SOOPOO
I worked at a VA hospital, as well as a private hospital, 40 ish years ago. You literally would have had to be insane if you thought the level of care was equivalent between the two. Veterans did feel ‘welcome’ at the VA hospital. And since it was FREE they would choose it if they had a choice.

I also for the years following working there was aware of my local VA hospital. In brief, they were able to hire the doctors that were not hired by the local private hospitals. Leftovers. I guarantee you that if I had a choice between the VA system and a private hospital, there is no way I’d pick the VA. It’s too many years of experience to be called ‘anecdotal’.


Respectfully, 40 years ago is not today, and even so, it was just the specific hospital that you worked in. Since 9/11, lots of investments have been made into the VA system and a lot of stuff has been modernized and expanded.

I'm not eligible for VA. But, if I were, I would do everything routine through the VA and not be slightly worried (and I have great insurance between my own from my job and my wife's, I can basically go anywhere in the U.S. and not worry about paying, so it's not because I lack options.)
February 25th, 2026 at 4:11:50 PM permalink
rxwine
Member since: Oct 24, 2012
Threads: 217
Posts: 22932
Quote:
Based on independent, peer-reviewed studies and CMS data, the Department of Veterans Affairs (VA) provides care that is generally as good as, or better than, private practice, often with lower medical error rates and higher safety ratings. Inpatient, VA hospitals have shown roughly half the rate of medical errors and adverse events compared to community hospitals.
National Institutes of Health (NIH) | (.gov)


Key Findings on VA vs. Private Practice Quality

Safety and Errors: A study examining inpatient care found that community-based hospitals had approximately two times the rate of adverse events and medical errors (3.01 per 100 discharges) compared to VA hospitals (1.49 per 100 discharges).

Surgical Outcomes: VA surgical care is consistently found to be equal to or better than non-VA, with lower 30-day mortality and complication rates, particularly in complex procedures like joint replacements and lung surgery.

Independent Quality Ratings: As of late 2024, 79% of VA hospitals received 4 or 5 stars from CMS for patient satisfaction, compared to only 40% of private sector hospitals.

Medication Management: Studies have found that veterans treated at non-VA hospitals experienced three times the rate of medication omissions compared to those treated in VA facilities.

Overall Performance: A 2024 systematic review of studies since 2015 concluded that the quality of care in the VA is comparable or superior to community care in the majority of studies, although findings on access and wait times are more mixed.
VA.gov Home | Veterans Affairs

While the VA often performs better on clinical quality metrics, some studies indicate private hospitals can score higher in patient experience and satisfaction, particularly concerning pain management.

National Institutes of Health (NIH) | (.gov)
"Trumpsplain (def.) explaining absolute nonsense said by TRUMP.
February 25th, 2026 at 7:52:26 PM permalink
GenoDRPh
Member since: Aug 24, 2023
Threads: 5
Posts: 2827
Quote: rxwine


i wish to point out the VA health systems are very selective in the pharmacists they hire.

I also wish to point out that SooPoo is/was an anesthesiologist, so he may be well aware of the VA's lower scores regarding pain management, and is/was frustrated with the institutional resistance to make them better.
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