Talk of The Villages Florida - View Single Post - Are Soc. Sec. and Medicare important to you?
Thread: Are Soc. Sec. and Medicare important to you?
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Old 10-08-2020, 11:40 AM
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Quote:
Originally Posted by LianneMigiano View Post
I obtained a printout of all of our earnings and contributions into SS - then, the payouts to us - and totalled it for each of us. I am 79 and my husband is 85. We, long ao, have collected WAY more in SS than we ever had taken out of our pay. I'm sure that (unless you just began collecting a few years ago) would find that same result were you to obtain all of the information that I did in order to calculate the benefits!
Money has a time value. Did you assign 4% to 6% compounded interest from the time it was made to each contribution?
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