Originally Posted by Pugs
Originally Posted by RockyRaab
I don't know about that. If you get an average of $1000/mo and you collect it for 20 years beyond age 62, that's $240,000.


According to my statement between me an my employers we've given the SSA $330,432 since I started working in 1981. For that, when I turn 67 (in 10 years) I'll get $3,323 a month. Can you imagine what I'd have per month if I'd been required to instead put it in an index fund?

I'm convinced SS will be dead at some point and the only solution is a mandatory program like the fed employees and military TSP but I'll be damned if I have any idea how to get there.


Now add the compounded interest it would have built up. Most people pay into it for at least 40 years. So add another $100K to that and the interest.

If God wanted you to walk and carry things on your back, He would not have invented stirrups and pack saddles