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Social Security & Medicare
In reply to the discussion: Social Security: The Best and Worst Years To Be Born [View all]KPN
(16,982 posts)42. Lol.  Thanks!  Not sure whether that's a benefit or cost.  I was curious mostly because in my younger years,
        having that birthday sure seemed like a cost to me.  Best examples:
on my 16th birthday, the age for being eligible to get a learners permit to drive in MA was raised from 16 to 17 (my best friend's birthday was Dec. 29th -- he could drive, I couldn't for another year);
the year I turned 21, the legal drinking age was lowered from 21 to 18 MA effective on my birthday -- pissed me off; the very first day I  could legally have a beer in a bar, thousands of 18, 19 and 20 year olds could too!  (MA corrected that error within a decade and moved the age back up to 21 -- it was originally lowered to 18 for the same reason voting age was lowered to 18 -- because 18 year olds had and were going to Vietnam to fight and die for their country.  
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        Sounds about right, I was born in 1949 and I'm very happy with my Social Security
        Walleye
        Jan 2024
        #1
      
        
        "The best birth year in the modern era? That would be 1949".. me too. My buddy who was born the same year
        mitch96
        Jan 2024
        #40
      
        
        IIRC, SS benefits were not taxed until St. Ronnie Raygun went on his mission to destroy the middle class.
        OMGWTF
        Jan 2024
        #25
      
        
        Lol.  Thanks!  Not sure whether that's a benefit or cost.  I was curious mostly because in my younger years,
        KPN
        Jan 2024
        #42
      
        
        It is sort of a scale from 0 to 15 with zero being the best and 15 being the worst
        Shermann
        Jan 2024
        #44
      
        
        Right and if and when you make it to 76, it extends to 12.29 years instead of 11.97
        Shermann
        Jan 2024
        #63
      
        
        I, too, was born in '52. My social security was reduced by the amount I receive from Japan for the national pension
        Martin68
        Jan 2024
        #33
      
        
        On a sorta kinda positive note, you can't really lose money that you never had! nt
        Shermann
        Jan 2024
        #45