DO YOU TRUST OUR GOVERNMENT IN SOCIAL SECURITY MATTERS..
SOCIAL SECURITY NOW CALLED 'FEDERAL BENEFIT
Have you noticed, your Social Security check
is now referred to as a "Federal
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
isn’t a benefit – its 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.
calculate the future value of your monthly investment in social security
($375/month, including both
your and your employer’s contributions) at a
meager 1% interest rate compounded monthly, after 40 years of
have more than $1.3+ million dollars saved! This is your personal
Upon retirement, if you took out only 3% per year, you'd receive
$39,318 per year, or $3,277 per
That’s almost three times more
than today’s average Social Security benefit of $1,230 per month, according to
Social Security Administration (Google it - it’s a fact).
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” that it was OUR money they were
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
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.
because they “borrowed” the money, doesn't mean that our investments were
Let’s take a stand.
We have earned our right to Social
Security and Medicare.
Demand that our legislators bring some sense into our
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
Our Earned Retirement
of people won't forward this.
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