Jim Nelson
Platinum Member
The answer is: you are too rich and wealthy to deserve to collect. That is called "means testing." It has been kicked around for years as part of Social Security reform, and I believe it will become law at some point. Regardless of contributing into the system for decades, you will be deemed ineligible to collect.
I retired at 58 yrs. old due to health problems, when I turned 62 I applied for S.S.,expecting to receive a reduced amount. To my complete surprise they insisted that I change my application to disabled, which required a physical by a doctor of their choice. The doc. not only pronounced me disabled but made it retroactive to the date my problem started. This resulted in a $20,000+ check for "back pay".
They are no different than any other govt. agency, they can't give it away fast enough. This all happened while my wife was still working making 6 figures. I tried to argue that I didn't need that extra money but they wouldn't hear it.