SM1's BLOG 4 U: AN AGGREGATION OF CONSERVATIVE VIEWS, NEWS, SOME HUMOR, & SCIENCE TOO! ... "♂, ♀, *, †, ∞"
Saturday, March 15, 2014
SS CHECKS!* *Did you know this? I certainly did not. * *Once again, our beloved congressmen are playing fast and loose with vernacular. * *What motive did they have for changing the name of our Social Security? * *I'm sure they have a plan, and it won't be to our betterment.*
*SS CHECKS!*
*Did you know this? I certainly did not. *
*Once again, our beloved congressmen are playing fast and loose with
vernacular. *
*What motive did they have for changing the name of our Social Security? *
*I'm sure they have a plan, and it won't be to our betterment.*
*SS CHECKS!*
*Here we go.*
*JUST REALIZED THAT WITH REQUIRED AUTO DEPOSIT, YOU NEVER GET TO SEE*
*THE CHECK....ALERT EVERYONE YOU KNOW. THIS AFFECTS ALL OF US."*
**Subject:* *
*SOCIAL SECURITY becomes FEDERAL BENEFIT CHECK*
*Have you noticed, the Social Security check is now referred to as a
"Federal Benefit Payment"? *
*I'll be part of the one percent to forward this.*
*I am forwarding it because it touches a nerve in me, and I hope it will in
you. *
*Please keep passing it on until everyone in our country has read it. *
*The government is now referring to our Social Security checks as a "
Federal Benefit Payment ". *
*This isn't a benefit . It is earned income!*
*Not only did we all contribute to Social Security but our employers did
too.*
*It totaled 15% of our income before taxes . *
*If you averaged $30K per year over your working life, that's close to
$180,000*
*Invested in Social Security. *
*If you calculate the future value of your monthly investment in social
security( $375/month,*
*including both you and your employers contributions) at a meager 1%
Interest rate*
*compounded monthly, after 40 years of working you'd have more than $1.3+
million dollars saved!*
*This is your personal investment. *
*Upon retirement, if you took out only 3% per year, you'd receive $39,318
per year,*
*or $3,277 per month. *
*That's almost three times more than today's average Social Security
benefit of*
*$1,230 per month, according to the Social Security Administration.*
*(Google it - it's a fact). *
*And your retirement fund would last more than 33 years (until you're 98 if
you retire*
*at age 65)! I can only imagine how much better most average-income people
could live*
*in retirement if our government had just invested our money in low-risk*
*interest-earning accounts. *
*Instead, the folks in Washington pulled off a bigger Ponzi scheme*
*than Bernie Madoff ever did.*
*They took our money and used it elsewhere. *
*They forgot (Knew) that it was OUR money they were taking. *
*They didn't have a referendum to ask us if we wanted to lend the money to
them.*
*And they didn't pay interest on the debt they assumed. *
*And recently they've told us that the money won't support us for very much
longer. *
*(Isn't it funny that they NEVER say this about welfare?)*
*But is it our fault they misused our investments? *
*And now, to add insult to injury, they're calling it a benefit,*
*as if we never worked to earn every penny of it. *
*Offered by John C. *
*Just because they borrowed the money doesn't mean that our investments
were a charity! *
*Let's take a stand. *
*We have earned our right to Social Security and Medicare. *
*Demand that our legislators bring some sense into our government. *
*Find a way to keep Social Security and Medicare going for the sake of*
*that 92% of our population who need it. *
**Then call it what it is: Our Earned Retirement Income. * *
*99% of people won't forward this. *
*Will you? *
**You can bet I WILL !!!*
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