Sgt Staples
Mayor
If you averaged 30,000 a year for your working life, here is some information.
and it PROVES using basic Math, how we can 'save Social Security'........PRIVATIZE the whole damn program and keep the government's hands off of it.
.
If you calculate the future invested value of $4,500 per year (yours & your employer's contribution) at a simple 5% interest (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!
But the lemmings that support Democrats, who will NEVER privatize social security to give the people control over their own money, somehow are too dense to understand that. And those figures go up rapidly at 40 or 50K a year.
and it PROVES using basic Math, how we can 'save Social Security'........PRIVATIZE the whole damn program and keep the government's hands off of it.
.
If you calculate the future invested value of $4,500 per year (yours & your employer's contribution) at a simple 5% interest (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!
But the lemmings that support Democrats, who will NEVER privatize social security to give the people control over their own money, somehow are too dense to understand that. And those figures go up rapidly at 40 or 50K a year.
