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Politics : A Real American President: Donald Trump
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To: Bearcatbob who wrote (129567)4/1/2019 12:35:31 PM
From: sm1th1 Recommendation

Recommended By
Bearcatbob

   of 456328
 
I am not sure that is right. My Medicare plus my employers premiums invested in a reasonable annuity would be a hell of a lot of money. Then there is what we are still paying - something no one seems to mention.


Looking closer, you are right for a high income person. Adding in the employer contribution and the other factors you noted, I probably did contribute enough to cover my reasonable life expectancy. However, my wife, who made above median income for most of her career, only paid in about 40% of what I did and has a longer life expectancy. She is very likely to receive considerably more benefits than were contributed. For a lower income person, it is not even close.
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