Who died before they could draw their Social Security
KEEP PASSING THIS AROUND UNTIL EVERY ONE HAS HAD THE OPPORTUNITY TO READ IT...
THIS IS SURE SOMETHING TO THINK ABOUT!!!!
THE ONLY THING WRONG WITH THE GOVERNMENT'S CALCULATION OF AVAILABLE
SOCIAL SECURITY IS THEY FORGOT TO FIGURE IN THE PEOPLE WHO DIED BEFORE
THEY EVER COLLECTED A SOCIAL SECURITY CHECK!!!
WHERE DID THATMONEY GO?
Remember, not only did you and I contribute to Social Security but your employer did, too.
It totaled 15% of your income before taxes.
If you averaged only $30K over your working life, that's close to $220,500.
Read that again.
Did you see where the Government paid in one single penny?
We are talking about the money you and your employer put in a
Government bank to insure you and I that we would have a retirement
check from the money we put in, not the Government.
Now they are calling the money we put in an entitlement when we reach the age to take it back.
If you calculate the future invested value of $4,500 per year (yours
& your employer's contribution) at a simple 5% interest (less than
what the Government pays on the money that it borrows), after 49 years
of working you'd
have $892,919.98.
If you took out only 3% per
year, you'd receive $26,787.60 per year and it would last better than 30
years (until you're 95 if you retire at age 65) and that's with no
interest paid on that final amount on deposit!
If you bought an annuity and it paid 4% per year, you'd have a lifetime income of $2,976.40 per month.
Another thing with me.... I have two deceased husbands who died in
their 50's, (one was 51 and the other one was 59 before one percent of
their social security could be drawn.
I worked all my life and am drawing 100% on my own social security).
Their S.S. money will never have one cent drawn from what they paid into S.S. all their lives.
THE FOLKS IN WASHINGTON HAVE PULLED OFF A BIGGER PONZI SCHEME THAN BERNIE MADOFF EVER DID.
Entitlement my foot, I paid cash for my social security insurance!
Just because they borrowed the money for other government spending, doesn't make my benefits some kind of charity or handout!!
Remember Congressional benefits? --- free healthcare, outrageous
retirement packages, 67 paid holidays, three weeks paid vacation,
unlimited paid sick days.
Now that's welfare, and they have the nerve to call my social security retirement payments entitlements?
We're "broke" and we can't help our own Seniors, Veterans, Orphans, or Homeless.
Yet in the last few months we have provided aid to Haiti, Chile and Turkey.
And now Pakistan......home of bin Laden.
Literally, BILLIONS of DOLLARS!!!
And they can't help our own citizens in New York and New Jersey!
They call Social Security and Medicare an entitlement even though most
of us have been paying for it all our working lives, and now, when it's
time for us to collect, the government is running out of money.
Why did the government borrow from it in the first place?
It was supposed to be in a locked box, not part of the general fund.
Sad isn't it.
99% of people won't have the guts to forward this.
I'm in the 1% --
I just did.
The HiV of Western Culture
4 years ago
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