Tuesday, April 6, 2010

Calculate Your Social Security Benefits

Social Security CardHow sad is it that when I saw this article on determining social security benefits I instantly thought to myself, "I know exactly how much I will make in Social Security, $0"

According to the Social Security administration, we will start running Social Security deficits in a little over 6 years.  It will go bankrupt in a little over 25.  Since I won't be eligible for Social Security for over 30 more years, I'm pretty sure there is not going to be anything left for me at that point.

What is the most sad is that I will have been earning the maximum amount for the maximum allowed time.  In other words, Out of all the people in the United States, I'm the biggest payer into Social Security.  Ironically, I'm pretty sure I'm never going to get a penny out of it.  What a scam.  If you ever wonder why I rant against government, this is just one other perfect example.

1 comment:

  1. Yeah. Not much of a chance of there being much money left unless they do something soon.