Matt Barrow wrote:
"Matt Whiting" wrote in message
...
Bob Noel wrote:
In article , Stan Gosnell
wrote:
I don't agree. I don't think it is at all possible to invest SS taxes
and come out ahead
I once did a calculation that showed I would have 4x the retirement
income
from my contribution than I would receive from SS (and the amount
contributed
into each plan was comparable). This was based on conservative returns
of 2-3% real returns.
I'd like to see that calculation. That certainly isn't what I've seen.
Check www.techcentralstation.com, someone did those calucations about two
years ago.
I didn't see anything on this site related to SS.
Then again, it all depends on what age you plan to retire and how long
you plan to live.
Pardon?
SS keeps paying for as long as you live. So if you live to be 95, you
can easily collect 30+ years of SS payments. If you die at 65, you may
collect very little. The amount you collect compared to what you payed
in is your effective earnings. The longer you live the greater your
rate of return.
Matt