Seniors

Paper Roses

(7,506 posts) Wed Dec 19, 2012, 04:47 PM Dec 2012

Are you celebrating? Just got notice of an increase in SS benefits.......

But, the same notice tells me that my Medicare will go up many dollars.
Geeze, I might be able to buy a loaf of bread with the difference.
Sure glad I paid into the system since the '60's. Paid off, didn't it.

5 replies

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Are you celebrating? Just got notice of an increase in SS benefits....... (Original Post) Paper Roses Dec 2012 OP

Did it pay off? Depends on how long you live. Nothing else matters. dmallind Dec 2012 #1

In the 26 years my DH has been getting S.S. his monthly payments have marybourg Dec 2012 #2

I have had several friends die before even beginning to collect the SS they paid into sinkingfeeling Dec 2012 #3

Not only did Medicare go up, food stamps decreased. For me the Cola has never been a raise. jwirr Dec 2012 #4

Yes, the COLA has only covered the increase in Medicare. n/t RebelOne Dec 2012 #5

dmallind

(10,437 posts)

1. Did it pay off? Depends on how long you live. Nothing else matters.

Reply to Paper Roses (Original post)

Wed Dec 19, 2012, 05:40 PM

Dec 2012

It probably will if you live a reasonable lifespan at about the average or above, yes. Do you expect to get less out than you put in?

marybourg

(13,182 posts)

2. In the 26 years my DH has been getting S.S. his monthly payments have

Reply to Paper Roses (Original post)

Wed Dec 19, 2012, 06:15 PM

Dec 2012

nearly doubled. His pension hasn't changed at all. We could almost live on his monthly S.S.check and mine, which is largely due to his, not my, work record, and if we had to, we could. So qwitcha complaining; it's probably the best investment you ever made.