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re: In just a few years, the average retiree will be receiving 37% more in SS than he paid in

Posted on 2/24/24 at 10:09 pm to
Posted by RiverCityTider
Jacksonville, Florida
Member since Oct 2008
4792 posts
Posted on 2/24/24 at 10:09 pm to
quote:

This is a 100 irrelevant. You are speaking purely in hypotheticals. The “market returns” you speak of were not earned; not by you and not by the govt, because the money was never invested. How can you be owed something that you never had?


It's not a voluntary program idiots. They would not allow me to invest it. So because of that your saying they owe me no return at all?

Posted by HailHailtoMichigan!
Mission Viejo, CA
Member since Mar 2012
69495 posts
Posted on 2/24/24 at 10:15 pm to
quote:

They would not allow me to invest it. So because of that your saying they owe me no return at all?



Ok, so you want social security to pay you not just your principal, but also the opprtunity cost of not being able to earn market returns on the money taken from your paychecks.

From where will this massive increase in social security payments come from? Money doesn't grow on trees.
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