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Politics : President Barack Obama
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To: Tenchusatsu who wrote (121190)9/19/2012 5:22:16 PM
From: Broken_Clock  Read Replies (2) of 149317
 
By the way, the current beneficiaries are getting much more than they put in, even when interest is accounted for. That's because they were never expected to live as long as they are now.
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I figured out the average 30 year bond yield over my 48 years of inputting into SS was around 8%. Figuring in drip reinvesting by now i should have well over $2,000,000 in my share of the pot.

As I near 66, my annual SS statements show a declining benefit amount. In the last 3 years I've gone down fro n $2,250/mo to $2,040 a month at 66.

By the time I hit 66 in 2015 I'll likely be down to $1,900.

looks to me like Uncle got over big time on me.
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