02-17-2014, 03:16 PM
quote:I've posted this before -- Soc Sec pays an average of 3% above and beyond what the average person contributes. It is the worst retirement system in existence. Any other fund that offered a 3% return on your 401K would not have a single investor.
Originally posted by unknownjulie
We'll have to see... how much they actually take out- above and beyond...
A 3% RETURN IS A TERRIBLE RETURN ON YOUR INVESTMENT.
NO ONE WHO PAYS INTO SOC SEC TAKES OUT TOO MUCH COMPARED TO WHAT THEY PAID IN, IT'S NOT POSSIBLE.
Ask whoever told you that retirees withdraw too much money from the Soc Sec system to run a chart for you:
1) Soc Sec payments made over 40 years and the average return.
2) An equal amount of 401K payments made over 40 years and the average return.
You are in for a big surprise, much bigger than what anyone gets paid with a Soc Sec check..
"I'm at that stage in life where I stay out of discussions. Even if you say 1+1=5, you're right - have fun." - Keanu Reeves