YouTuber Ms Rachel Just Cut a Campaign Check. Take a Wild Guess of...
Dems Know They Probably Should've Kept This Poll Private, Right?
Disbarred for Defending Trump: ACLJ Takes the Fight to the Supreme Court
New York Times Puts Brutal Dictator on Its Fashion List, Then Quietly Deletes...
Skynet Panic or Power Grab? Bipartisan Bill Would Let Government Shut Down AI...
Appeals Court Rejects Trump Administration's Efforts to Re-Detain Researcher Over Israel C...
USA Today Gets Tripped by Its Caitlin Clark Opposition. AP Weeps We No...
Thought Crimes Come to Minnesota
Long Island Residents Object to All-Boys Muslim Boarding School in Their Neighborhood
Freddy, Everyone's Favorite German Tourist, Bids America Farewell
The DNC Has Chosen Which State Will Be the First on the 2028...
Forcing Assisted Suicide Is Unconstitutional
Two Georgia Men Plead Guilty in $550,000 New York Film Tax Credit Scam
NM Woman Pleads Guilty in $3.9 Million Medicaid Transportation Fraud Scheme
Trump Demands Key 'Reconciliation 3.0' Step Passed Before August Recess
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