Oh, There Are Problems With Trump's Surgeon General Pick
What Is Going on With California?
Keystone XL Pipeline Is Back Once Trump Retakes Office, But There's a Problem
The Capitol Hill GOP Is – As Usual – The Weakest Link
Republicans Should Absolutely Nuke the Filibuster
KJP Confronted on the Optics of Harris Vacationing As DNC Staffers Laid Off
Trump's Border Czar Reveals He's Getting Death Threats
Rand Paul Has a Warning for Denver Mayor Who Vowed to Block Trump's...
The Perfect Revenge
As Trump 47 Looms, Biden Brings World to Brink of War
New Poll: Americans Are Liking What They're Seeing From Trump's Presidential Transition
Horrific: Idaho Teen Arrested After a Dead Newborn Was Discovered in a Safe...
Serial Sex Offender Who Was Repeatedly Released Went on to Assault a Woman...
Don’t Let the Left Destroy Trump’s Picks with Hypocritical Accusations and Unrealistic Sta...
When the Right Goes Wrong
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

Advertisement
Advertisement
Advertisement