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 forwarding it 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 govt. 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, 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?
Things got quiet all of a sudden hasn't it,
ReplyDeleteChange is coming, the silence before the storm.
ReplyDeletegreat site this is where i come for all my info, thank you, bob
ReplyDeleteI guess what i can't get hold of is, the stock market is going nuts, all the bulls are hollering higher, then there looking for a QE 4 coming , why is all this takeing place if there is no more money, just don't get it at all, Bob
ReplyDeleteHello, well i just had to write something since i can't post right to Drake. We the people are tired of all the BS that he is spewing out , he is loseing ton's of people, Many i know have given up on anything happening, the military is doing nothing period, those of us who are/ were trying to get the word out have been made asses of just because we trusted Drake and what he was saying, we have no one else to turn to, and we have given up period. IOt is a lost cause because of all the crap that was suppose to happen and haven't .
ReplyDeleteSo as for me and many other's we are signing off, as well as not listening to any more show's . Sorry ernough is enough.
http://xfinity.comcast.net/articles/news-general/20121224/US.Fire.Shooting/? so we have another false flag , when will we take these bastards down dammit
ReplyDelete