Trump’s Reckoning With the United Nations
Trump: We May Have a Deal on Gaza
Federal Prosecutors Eye Soros Foundation in Explosive New Investigation
'Hypocrisy on Steroids': Kash Patel Torches Media Over Comey Indictment
Bernie Sanders Decries 'Political Pressure' About Kimmel in Glaringly Ironic Letter to Nex...
Alvin Bragg's Office Quietly Dismissed Charges Against Woman Who Assaulted Pro-Life Activi...
Sean Duffy Announces New Emergency Rules to Overhaul CDL Eligibility
Mass Walkout at UN As Benjamin Netanyahu Takes the Stage
Eighth California Volleyball Team Forfeits Over Transgender Player
JD Vance Demands Jimmy Kimmel Apologize to Erika Kirk Following His Return to...
Georgetown Students React to Flyers Glorifying Charlie Kirk’s Assassination
Jeffries Vows Anyone Involved in Comey Indictment 'Will Face Accountability'
Inflation Data for August Is in...
Why I Cannot Forgive Charlie Kirk's Murderer
Britain's Two-Tier Policing and Enforcement Regime Is Outrageous and Undeniable
Tipsheet

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