Quote:
Originally Posted by dewilson58
Has anyone done the math.........with time-value of money, how many years do you need to draw on SS (full SS) in order to get your & your employer's dollars back???
Too much fun for me to do.
I think it's about seven years without time-value.
Jus wondering.
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I think the ~7 years figure is the time taken to recoup the money not taken at 62, but starting at full retirement age.
The question about contributions over a lifetime of earnings I have never considered - thinking the answer is probably too mind bogglingly depressing to think about.