WHO DIED BEFORE COLLECTING A SOCIAL SECURITY > > Interesting Analysis > > WHO DIED BEFORE THEY EVER COLLECTED A SOCIAL SECURITY CHECK!!! > > HOW MANY FOLKS DIED, BEFORE THEY EVER COLLECTED $1 OF SOCIAL SECURITY > THEY PAID IN TO OUR GOVERNMENT!!?? > > I dont know who wrote this, but it is worth reading before you > forward it, or delete it. Food for thought!! > > 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 GOVERNMENTS 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 THAT MONEY 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, thats 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 employers contribution) at a simple 5% > interest (less than what the govt. pays on the money that it borrows), > after 49 years of working youd have $892,919.98 > > If you took out only 3% per year, youd receive $26,787.60 per year > and it would last better than 30 years (until youre 95 if you retire > at age 65) and thats with no interest paid on that final amount on > deposit! If you bought an annuity and it paid 4% per year, youd have > a lifetime income of $2,976.40 per month > > Another thing with me.... I have two deceased husbands who died in > their 50s, (one was 51 and the other one was 59 before one cent of > their social security could be drawn. I worked all my life and am > drawing 100% on my own social security). Their social security money > will never have one cent drawn from what they paid into it 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, > doesnt 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 thats welfare, and they have the nerve > to call my social security retirement payments entitlements? Were > broke and we cant 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!!! Our retired seniors living on a fixed social > security income, receive no additional federal aid nor do they get any > financial breaks, while our government and religious organizations > pour hundreds of billions of $$$ and tons of food to foreign countries. > > 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 > its 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. >
Posted on: Sat, 01 Feb 2014 06:56:47 +0000
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