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has the situation changedChanged? Is it now better to take social security as soon as you can get it and put that money into gold or Bitcoin immediately because the dollar is crashing so fast?

submitted by Crackinjokes to AskUpgoat 1 weekApr 25, 2024 07:04:25 ago (+4/-0)     (AskUpgoat)

My belief is the government will refuse to recognize the real inflation rate and will not adjust social security benefits up each year if you delay your retirement. I believe that dollar May crash so fast as it already is that any amount of money you can stuff into gold or Bitcoin will likely have far more value than waiting to get a little bit more social security for every month or year you wait. What do you think?


3 comments block


[ - ] Doglegwarrior 1 point 1 weekApr 28, 2024 07:49:52 ago (+1/-0)

I'd go silver and platinum over gold

[ - ] BoozyB 2 points 1 weekApr 25, 2024 08:08:00 ago (+2/-0)

Take what you can as soon as you can.

[ - ] Tallest_Skil -1 points 1 weekApr 25, 2024 07:55:50 ago (+0/-1)

Social security is going to be 100% bankrupt in under 10 years. Nothing you pay in now is being “saved” for you. It’s all being used immediately for illegals and boomers, and it’s still not enough to cover their expenses. If you’re not already at the age of retirement or able to get any benefits from it at all, you never will, ever.

They’re going to steal from you every month and there’s nothing you can do to stop them, so just ignore it.