Who Gets Your Social
Security When You Die?
I think that people really need to stop calling SS an entitlement
like it is a dirty word. I think of it more as repaying a loan that
the government borrowed from us.
THE ONLY THING WRONG WITH THIS CALCULATION IS THEY FORGOT TO FIGURE IN THE PEOPLE WHO DIED BEFORE THEY COLLECTED THEIR SOCIAL SECURITY!!!! WHERE DID THAT MONEY GO?????????????
This was sent to me, I am sending it on because it does touch a
nerve in me.
This is another example of what Rick Perry called "TREASON in high
places"!!! Get angry and pass this on!
Remember, not only did you contribute to Social Security but your
employer did too. It totaled 15% of your income before taxes. If you
averaged only $30K over your working life, that's close to $220,500.
If you calculate the future value of $4,500 per year (yours & your
employer's contribution) at a simple 5% (less than what the
government pays on the money that it borrows), after 49 years of
working you'd have $892,919.98.
If you took out only 3% per year, you'd receive $26,787.60 per year
and it would last better than 30 years (until you're 95 if you
retire at age 65) and that's with no interest paid on that final
amount on deposit! If you bought an annuity and it paid 4% per year,
you'd have a lifetime income of $2,976.40 per month.
The folks in Washington have pulled off a bigger Ponzi scheme
than Bernie Madhoff ever had.
Entitlement my ass, I paid cash for my social security insurance!!!!
Just because they borrowed the money, doesn't make my benefits some
kind of charity or handout!
Congressional benefits ---- free healthcare, outrageous retirement
packages, 67 paid holidays, three weeks paid vacation, unlimited
paid sick days, now that's welfare, and they have the nerve to call
my social security retirement entitlements?
We're "broke" and can't help our own Seniors, Veterans, Orphans or
Homeless.
In
the last months we have provided aid to Haiti, Chile, and Turkey.
And now Pakistan ......home of bin Laden. Literally, BILLIONS of
DOLLARS!!!
Our retired seniors living on a 'fixed income' receive no aid nor do
they get any breaks while our government and religious organizations
pour Hundreds of Billions of $$$$$$'s and Tons of Food to Foreign
Countries!
They call Social Security and Medicare an entitlement even though
most of us have been paying for it all our working lives and now
when it's time for us to collect, the government is running out of
money.
Why did the government borrow from it in the first place? Imagine if
the *GOVERNMENT* gave 'US' the same support they give to other
countries.
Sad isn't it?
99% of people won't have the guts to pass this on.
I'm one of the 1% -- I Just Did. I
hope that more than 1% forward this.....I start grinding my teeth
every time I'm reminded about how SS is running out of funds... what
a load!
WE CAN FIX THIS!
FIRE A DEMOCRAT 2014 & 2016
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