IF YOU ARE ON SOCIAL SECURITY OR HAVE A FAMILY MEMBER WHO IS, YOU WILL WANT TO READ THIS ARTICLE!

QUESTION: Who died before they collected Social Security?

This is sure something to think about. The only thing wrong with the government's calculation of available Social Security is they forgot to figure in the people who died before they ever collected a Social Security check!

Where did that money go?

Remember, not only did you and I contribute to Social Security, but your employer did also. It totaled 15% of your income before taxes. If you averaged only $30K over your working life that's close to $220,500.  Read that again.  Did you see where the government paid in one single penny?

We are talking about the money you and your employer put into a government bank to ensure that you and I would have a retirement check from the money we put in, NOT the government.

If you calculate the future invested value of $4,500 per year (your and your employer's contribution) at a simple 5% interest (which is less than what the government pays on money that it borrows), after 49 years of working you would have $892,919.98.  If you only took out 3% per year, you would receive $26,787.60 per year, and it would last better than 30 years (until you are 95 if you retire at age 65), and that is with no interest paid on that final amount on deposit! If you bought an annuity and it paid 4% per year you would have a lifetime income of $2,976.40 per month.

The folks in Washington have pulled off a bigger Ponzi scheme then Bernie Madoff ever did.

Entitlement?! I paid cash for my Social Security insurance!

Just because the government borrowed the money for other government spending, does it make my benefits some kind of charity or handout? Remember congressional benefits? … free healthcare, outrageous retirement packages, 67 paid holidays, three weeks paid vacation, unlimited paid six days.  Now that's welfare, and they had the nerve to call my Social Security retirement payments entitlements!

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? It was supposed to be in a locked box, not part of the general fund.

Sad isn't it?

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