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re: "How dare you cut SS and medicare! I deserve what I paid in!" Your terms are acceptable
Posted on 1/22/23 at 11:17 am to Tigerswillprevail
Posted on 1/22/23 at 11:17 am to Tigerswillprevail
quote:
Exactly this ^
What part of "numbers calculated using expected present value" don't you understand?
2
Posted on 1/22/23 at 11:35 am to HailHailtoMichigan!
This, again, is what you don’t understand.
The “adjustment” isn’t the value of cash over time.
The “adjustment” is contributions in “today’s dollars.”
That is not the same thing.
The “adjustment” isn’t the value of cash over time.
The “adjustment” is contributions in “today’s dollars.”
That is not the same thing.
Posted on 1/22/23 at 11:39 am to HailHailtoMichigan!
Present value uses an assumed interest rate. Interest rates have varied widely over the course of the last 40 years.
What rate was assumed for this "study"?
What rate was assumed for this "study"?
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