Monday, October 29, 2007

And We're Off! Social InSecurity Already On The Rails.......


The first “official” baby boomer filed for Social Security today.
Kathleen Casey-Kirschling, who was born on Jan. 1, 1946, at 12:00:01 a.m. -- literally the first child “on the books” of the baby boom generation -- filed for benefits this afternoon. Social Security requires all early retirement applicants to file no more than four months before their eligibility date, which allows Casey-Kirschling to file today, before her 62nd birthday. Casey-Kirschling will be the first of some 80 million “official” baby boomers to start taking advantage of our utterly doomed entitlement programs. Approximately 3.2 million will turn 62 next year -- about 365 per hour -- and will potentially begin requesting the 75% benefits share associated with early retirement. In 2011, Casey-Kirschling and her 3 million friends will become eligible for Medicare. In 2012, the same group will qualify for full retirement benefits.
Oh boy, here we go…

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