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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 2/25/24 at 5:53 am to NC_Tigah
Posted on 2/25/24 at 5:53 am to NC_Tigah
Is this analysis ignoring employer contributions?
Is this analysis using long term US borrowing rate relevant to the investment period?
Is this analysis using long term US borrowing rate relevant to the investment period?
1
Posted on 2/25/24 at 6:05 am to Turbeauxdog
quote:Macht nichts. (unless you're referring to the OP "analysis" rather than my post)
Is this analysis ignoring employer contributions?
The author says:
quote:In other words, the OP's premise is, if you paid $100 in taxes 40yrs ago, you should receive $100 in benefits today.
most Americans are promised Social Security and Medicare benefits substantially exceeding the taxes they’ll pay over their lifetimes. In other words, the benefits are neither earned nor paid for.
Anything beyond that is "unearned," "unpaid for" manna from heaven. HHTM say Biggs accounts for inflation. I'm not seeing that.
That is rat brain stupid. Yet a couple of posters here have repeated it as if it were a profound observation.
This post was edited on 2/25/24 at 6:08 am
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