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re: Joe really touched some nerves
Posted on 2/7/23 at 9:07 pm to TigerGrad2011
Posted on 2/7/23 at 9:07 pm to TigerGrad2011
quote:
Let me choose to provide my own safety net.
I’m definitely fine with an opt out option
Posted on 2/7/23 at 9:16 pm to DavidTheGnome
So just to show what a rip off SS is, I put together how much I would have earned from SS with 5% yoy growth. I factored in what my employer puts in as well, so the full 12.4%. I've been maxing out SS since 1997, I projected this out to 2030. It came out to $1.15M, my wife is pretty much in the same boat as me. So basically $2.3M the government has stolen from my family, money I could retire on or my kids could inherit. Instead of letting families accumulate generational wealth, we get a Ponzi scheme.
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