FAA shares blame also

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.
Then again, it all depends on what age you plan to retire and how long
you plan to live.


Matt

"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.

Then again, it all depends on what age you plan to retire and how long
you plan to live.

Pardon?

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

"Matt Whiting" wrote in message
...
Matt Barrow wrote:



Check www.techcentralstation.com, someone did those calucations about
two
years ago.

I didn't see anything on this site related to SS.

Use the button on the left side, gets you
http://www.techcentralstation.com/socialsecurity.html

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.

Hell of a crap shoot.

I intend to die at 90, in bed with a 21 year old nympho; my wife tells me
I'll be lucky to live 'til my next birthday.

Matt Barrow wrote:
"Matt Whiting" wrote in message
...

Matt Barrow wrote:



Check www.techcentralstation.com, someone did those calucations about

two

years ago.

I didn't see anything on this site related to SS.


Use the button on the left side, gets you
http://www.techcentralstation.com/socialsecurity.html

I saw lots of articles with lots of discussion, but I didn't find one
that had a numerical analysis comparing a private investment plan with
today's SS.

Can you reference the specific article?


Matt

"Matt Whiting" wrote in message
...
Matt Barrow wrote:
"Matt Whiting" wrote in message
...

Matt Barrow wrote:



Check www.techcentralstation.com, someone did those calucations about

two

years ago.

I didn't see anything on this site related to SS.


Use the button on the left side, gets you
http://www.techcentralstation.com/socialsecurity.html

I saw lots of articles with lots of discussion, but I didn't find one
that had a numerical analysis comparing a private investment plan with
today's SS.

Can you reference the specific article?


Whoops...wrong site!!

http://www.socialsecurity.org/pubs/ssps/ssp31.pdf (Which is a CATO
sub-species)

Matt Barrow wrote:
"Matt Whiting" wrote in message
...

Matt Barrow wrote:

"Matt Whiting" wrote in message
...


Matt Barrow wrote:


Check www.techcentralstation.com, someone did those calucations about

two


years ago.

I didn't see anything on this site related to SS.


Use the button on the left side, gets you
http://www.techcentralstation.com/socialsecurity.html

I saw lots of articles with lots of discussion, but I didn't find one
that had a numerical analysis comparing a private investment plan with
today's SS.

Can you reference the specific article?



Whoops...wrong site!!

http://www.socialsecurity.org/pubs/ssps/ssp31.pdf (Which is a CATO
sub-species)



Much better! It will take a while to read and digest this article to
see what their assumptions are.

Thanks,
Matt