[Taj44]

Originally Posted by MikeH

What everyone seems to forget is:

1. Social Security is a Social program and unlike pure insurance each person will not necessarily get a full return on their "investment". Some will get more and some will get less. If you die when you're 61..you loose. If you live into and beyond your 80's....you received more than you paid in.

2. Everyone seems to forget that during those 40-45 years you were working the program would have provided monthly benefits to you and your family had you become disabled or to your surviving family had you died.

3. If your employer didn't have to pay the 6.75% tax would your salary have increased by that much? Dream on......

Most of us think of Social Security as only a retirement program so we calculate our return on investment at that point. What if we'd become disabled at age 25 or 30 with a spouse and two or three children? What then would be our return on our investment? Can anyone purchase an ins. policy that gives the same protection as Social Security for the same "investment"?

Good points.