Monday, October 18, 2010

SOCIAL SECURITY ;TOO MUCH BURDEN FOR THE KIDS OF THE FUTURE

THE NUMBERS TELL THE STORY Over my lifetime of work I paid $53000 into ss.When I start collecting benefits i am to get $1800 per month income. Not accounting for inflation, I will Get back what I paid in after 2.5 years. If I live for 20 more years that means I get back $400000 more than I put in.Good deal for me but not fair to the poor young people of the future.This means that it will take about 6 poor kids making $60000 per year just to cover my benefits, not including medicare. { actually 3 if employer contributions are included}. I am ashamed to burden the future with this It is not fair at all.

killarneytim.blogspot.com

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