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Thread: 2014 raise in SS benefit....what raise?
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Old 11-18-2013, 11:44 AM
manaboutown manaboutown is offline
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Quote:
Originally Posted by DaleMN View Post
I, for one, intend to collect far more from Social Security benefits than I ever personally contributed. Just do the math.
Social Security Calculator | Privatization account vs. S&P 500

The math is shown in this illustration. At age 67 a median income earner ends up with perhaps $1300/mo from Social Security which ends when he dies versus $4,000/mo and $1.25M in an investment portfolio from investing in the S & P which he could leave to his heirs. Social Security is a very, very bad deal!
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