President Barack Obama Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : President Barack Obama

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Bread Upon The Water who wrote (54860)	5/25/2009 11:25:30 AM
From: koan	Read Replies (1) of 149317

>>On the a average, what a person pays into social security is depleted in 3 years (their contributions--not any interest earned on such).<< Money paid into SS has to be considered collecting "virtual interst" as society has decided to use it to fund government instead of setting it aside collecting interst. But that is not the person's fault! YOu cannot just dismiss the compound itnterst variable in this SS equation! So if you take all the money a person puts into SS for 40 years and figure say 5% compound interst, there is a lot more money 'THEY CONTRIBUTED' to society as a whole. That is the real reality and the big picture you are overlooking.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next