In article , Larry Blanchard wrote:

I'm an "Elder Moocher" who paid 15% of his self-employed income into SS
for many years at or near the maximum rate. Explain to me how I'm
"mooching" if I want to get some of it back? Even without assuming any
interest, just converting what I paid in into todays dollars makes it
clear it'll be a long time before I break even.

Ever stop to think about how much better of you'd be, if the government had
permitted you to keep and *invest* that 15%, instead of taking it from you?

And don't forget that SS eligibility age and average lifespan are very
close to each other. A lot of people never collect or collect for very
few years.

True when Social Security first started.
False now, and has been for a very long time.

Eligibility age is all the way up to, what, 68 now? Average lifespan is quite
a lot greater than that.

--
Regards,
Doug Miller (alphageek-at-milmac-dot-com)

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