Who gets your Social Security if you are dead
Who gets your Social Security if you are dead?
KEEP PASSING THIS AROUND UNTIL EVERY ONE HAS READ IT.....SOMETHING TO
THINK ABOUT
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??????
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 govt. 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 wo uld 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 foot, 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,
Homeless
In the last months we have provided aid to Haiti, Chile ,Turkey, Iraq,
Palistan and
many countries we have never heard about. 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. We
claim to be a Christian nation but it seems we have forgotten the bible
teaching that "CHARITY BEGINS AT HOME!!!"
Sad isn't it?
99% of people won't have the guts to forward this.
I'm one of the 1% -- I Just Did.
|