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WHO DIED BEFORE COLLECTING A SOCIAL SECURITY CHECK

30 Jan

~~~ Interesting Analysis ~~~

WHO DIED BEFORE THEY EVER COLLECTED A SOCIAL SECURITY CHECK!!!

MANY FOLKS DIED, BEFORE THEY EVER COLLECTED$1 OF SOCIAL SECURITY THEY PAID IN TO OUR GOVERNMENT!!??

I don’t know who wrote this, but it is worth reading  before you forward it, or delete it.  Food for thought!!

KEEP PASSING THIS  AROUND UNTIL EVERY ONE HAS HAD THE OPPORTUNITY TO READ  IT… THIS IS SURE SOMETHING TO THINK  ABOUT!!!!

THE ONLY THING  WRONG WITH THE GOVERNMENT’S CALCULATION OF AVAILABLE  SOCIAL SECURITY IS THEY FORGOT TO FIGURE IN THE PEOPLE WHO  DIED BEFORE THEY EVER COLLECTED A SOCIAL SECURITY CHECK  . WHERE DID THAT MONEY GO?

Remember, not only  did you and I contribute to Social Security but your  employer did, too. It totaled 15% of your income before  taxes. If you averaged only $30K over your working life, that’s close to $220,500.

Read that again….

Did you see where  the Government paid in one single penny? We are talking  about the money you and your employer put in a Government  bank to insure you and I that we would have a retirement  check from the money we put in, not the Government.

Now they are  calling the money we put in an entitlement when we reach  the age to take it back. If you calculate the future  invested value of $4,500 per year (yours & your  employer’s contribution) at a simple 5% interest (less  than what the govt. pays on the money that it borrows), after 49 years of working you’d have $892,919.98.

If you took out  only 3% per year, you’d receive $26,787.60 per year and it  would last better than 30 years (until you’re 95 if you  retire at age 65) and that’s with no interest paid on that  final amount on deposit! If you bought an annuity and it  paid 4% per year, you’d have a lifetime income of  $2,976.40 per month.

Another thing with  me…. I have two deceased husbands who died in their  50’s, (one was 51 and the other one was 59 before one  percent of their social security could be drawn. I worked  all my life and am drawing 100% on my own social  security). Their S.S. money will never have one cent drawn  from what they paid into S.S all their lives.

THE FOLKS IN  WASHINGTON HAVE PULLED OFF A BIGGER PONZI SCHEME  THAN BERNIE MADOFF EVER DID.

Entitlement my  foot, I paid cash for my social security insurance! Just  because they borrowed the money for other government  spending, doesn’t make my benefits some kind of charity or handout!!

Remember  Congressional benefits? — free healthcare, outrageous  retirement packages, 67 paid holidays, three weeks paid  vacation, unlimited paid sick days. Now that’s welfare, and they have the nerve to call my social security retirement payments entitlements?

We’re “broke” and  we can’t help our own Seniors, Veterans, Orphans, or  Homeless. Yet in the last few months we have provided aid to Haiti, Chile and Turkey . And now  Pakistan  ……home  of bin Laden. Literally, BILLIONS of DOLLARS!!!

Our retired seniors  living on a ‘fixed S.S. income’ receive no additional federal aid nor do they get any financial breaks, while our government and religious organizations pour hundreds of billions of $$$ and tons of food to foreign countries!

They call Social Security and Medicare an entitlement even though most of us have been paying for it all our working lives, and now, when it’s time for us to collect, the government is  running out of money. Why did the government borrow from it in the first place? It was supposed to be in a locked box, not part of the general fund.

Sad isn’t  it?

99% of people won’t  have the guts to forward this.
I’m in the 1% — I  just did

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Posted by on January 30, 2014 in Business, Family, Organizations, Religion

 

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