On Feb 23, 1:42*pm, Hawke wrote:


Get some facts before blabbing. Tell me how many Americans can retire on
what they have earned and put away during their lifetime without
government programs to help them?


Hawke

Most Americans can retire on what they earned during their lifetime.
But most Americans do not save enough during their lifetime. For most
Americans the government programs actually hurts them. As the payroll
tax for Social Security takes about 12.6 percent of their income which
leaves them less able to save.

Social Security does benefit those that make very low wages as the
benefits are highly skewed to those that did not earn much. And it
also benefits those that do not save even though they could save.
In that it takes a good percentage of what they earn and later pays
back a portion of that money.

Dan