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REPORT ABUSIVE REPLY
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Message Subject
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We need to cut back medicare and social security from retired boomers
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Poster Handle
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Anonymous Coward |
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Post Content
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we paid in for 40 yrs..
get a job loser
Quoting: Anonymous Coward 85325960 For 40 years of your work, what you earned doesn't even account for 10% of the money the government will need to spend on you in the future. And saying that you've paid everything off is ridiculous. It’s like you are asking for something worth a thousand dollars after paying only a hundred dollars. This is socialism. At age 55, the last SS statement I got (about 5 months ago), showed that both my employers and myself (since the age of 14 when I started working) have contributed: Me - $219K My Employers - $219K So $438,000, plus I'm still working now and can't even qualify for SS full benefits for another 10 years (age 65). At age 65, based on today's numbers, I will collect $3,100 per month, or roughly $37,000 per year. I'd have to collect that amount for 13 years just to recoup what my employers and myself have put into the program, NOT INCLUDING ANY GROWTH OVER THE LAST 40 YEARS! It's a rip off. If they offered me all of my money (and my employers contributions) + a retroactive 2% per year interest, then I would cash out.Guess you were stupid to pay in,Ukraine But they won’t make you an offer…it’s always been a pay forward program. All sales are final. No refunds allowed.
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