GOVERNMENT'S CALCULATION OF AVAILABLE SOCIAL SECURITY

KEEP PASSING THIS AROUND UNTIL

EVERY ONE HAS HAD THE OPPORTUNITY TO READ IT...

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, too. 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 in a Government bank to ensure you and me that we would have a retirement check from the money we put in, not the Government.

Now they are calling the money we put in an entitlement when we reach the age to take it back.

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!

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 MADOFF EVER DID.

Entitlement my foot; I paid cash for my social security insurance!

Just because they borrowed the money for another government spending, doesn't make my benefits some kind of charity or handout!!

Remember the benefits for members of Congress?

+ 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 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? 
99% of people won't have the guts to forward this. 
I'm in the 1%

I JUST DID!

Views: 11

Comment

You need to be a member of United Truth Seekers to add comments!

Join United Truth Seekers

CLICK THE "B" BELOW TO BUY #BITCOIN #ETHEREUM #LITECOIN

Help Pay The Rent. This Website Is Brought To You Exclusively By Member Donations. Thank You.

This website is brought to you exclusively by member donations. Click Above, Thank you.

Eastern Standard Time

hT8m6O-9qVrq2bOevD5ouGyVgnD6Mgy_3vvjGdck

About

Badge

Loading…

DEMAND THE TRUTH!

"It was the poverty caused by the bad influence of the
 English Bankers on the Parliament which has caused in the colonies hatred of the English and...the Revolutionary War."
– Benjamin Franklin

"Guard with jealous attention the public liberty. Suspect every one who approaches that jewel. Unfortunately, nothing will preserve it but downright force. Whenever you give up that force, you are ruined."

Patrick Henry
June 26, 1788

 

Affiliates

© 2018   Created by Pam Vredenburg.   Powered by

Badges  |  Report an Issue  |  Terms of Service

google-site-verification: google4dc7c778a884c7b9.html