Talk of The Villages Florida - View Single Post - 5.9% Adjustments Coming
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Old 10-14-2021, 02:52 PM
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Originally Posted by Vermilion Villager View Post
OK...so you missed the point...

1. go to the site and see how much you will be projected to contribute when you are 62.
2. Now use the tables to determine your life expectancy...you should get about 23 years (276 months).
3. Take the amount you will be taking each month in SS times 276 and see if it exceeds what you contributed.
Of course I and everyone else should get back more than we contributed. Do you believe that the government should be able to hold onto our money for decades without providing a decent rate of return? I for one am not in the habit of giving out lifetime interest free loans.
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