THE KNICKS ARE NBA CHAMPIONS
Let’s Have a Serious Conversation About Race
A Quick Bible Study Vol. 324: Proverbs Greatest Hits and the Guidance...
'Christian! Love Means You Let Us Sin All We Want to, and Pay...
What's in a Name?
A Celebration Not Everyone Welcomes?
Are Strong Families the Cure for America’s Mental Health Crisis?
Catholic Theologians Launch Bold Appeal for Israel Amid Rising Anti-Zionism
Is AI Humanity’s Path to Godhood?
Stop Telling Dads They're Optional
A Tent, a Knife, and the Usual Suspects
Veterans Earned Their Benefits and Shouldn’t Have to Fight to Access Them
DOJ Charges Three Illegal Aliens in Migrant Child Smuggling Scheme
Feds Bust Alleged Crypto Laundering Ring That Moved Nearly $390 Million
Seven Arrested After Allegedly Using Fake Documents to Raid COVID-19 Relief Programs
Tipsheet

Most Put More into Social Security than They Will Receive: Report

Most Put More into Social Security than They Will Receive: Report
According to an article in Journal of Retirement the lifetime contributions to Social Security by many of today's workers will exceed the amount of the benefits even though today's workers are expected to live longer.
Advertisement
The author of the article says that the net cost of participating in Social Security for an average worker today is roughly five years of their lifetime earnings.

The biggest losers are high earning married couples who are expected to lose over $665,000 in the course of their lifetime. The only winner in the medium earning category is a married couple with one earner only.

They net about $151,000.

Catch more of the best money advice and monetary commentary by me daily 10am PT, 1pm ET at WealthEd.com

Join the conversation as a VIP Member

Recommended

Trending on Townhall Videos

Advertisement
Advertisement
Advertisement