Kaban ni Teddy Bacarro: KINSA MAN ANG MAKAKUHA???
Who Gets Your
Social Security When You Die?
I didn't do or
check the math on this, but I think that people really need to stop calling SS
an entitlement like it is a dirty word. I think of it more as repaying a loan
that the government borrowed from us.
KEEP PASSING THIS
AROUND UNTIL EVERY ONE HAS READ IT.....
SOMETHING TO
THINK ABOUT
THE ONLY THING
WRONG WITH THIS CALCULATION IS THEY FORGOT TO FIGURE IN THE PEOPLE WHO DIED
BEFORE THEY COLLECTED THEIR SOCIAL SECURITY!!!! WHERE DID THAT MONEY
GO?????????????
This was sent to
me, I am sending it on because it does touch a nerve in me.
This is another
example of what Rick Perry called "TREASON in high places"!!! Get
angry and pass this on!
Remember, not
only did you 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.
If you calculate
the future value of $4,500 per year (yours & your employer's contribution)
at a simple 5% (less than what the government 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.
The folks in
Washington have pulled off a bigger Ponzi scheme than Bernie Madhoff ever had.
Entitlement my
ass, I paid cash for my social security insurance!!!! Just because they
borrowed the money, doesn’t make my benefits some kind of charity or handout!!
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
entitlements?
We're
"broke" and can't help our own Seniors, Veterans, Orphans or
Homeless.
In the last
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 income'
receive no aid nor do they get any breaks while our government and religious organizations pour
Hundreds of Billions of $$$$$$'s 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? Imagine if the *GOVERNMENT* gave
'US' the same support they give to other countries.
Sad isn't it?
99% of people
won't have the guts to forward this.
I'm one of the 1%
-- I Just Did.
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