Always blows my mind when I hear of the naysayers of Social Security say they put more into it than they will ever withdraw.

I believe I read the average Social Security payment is $1400 per month. Multiply that by 12 and you get $16,800 per year. Assume you start getting that at age 62 and collect for 25 years, you will have pulled out $420,000 without counting COLAs.

In your 40 years of work, can you say that the 7.5% you put in Social Security equalled $420,000? In 2011, the maximum salary subject to Social Security was $106,000.