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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: J. P. who wrote (17258)	2/13/2004 9:43:20 AM
From: Les H	Read Replies (1) \| Respond to of 306849

if they use the PCE deflator which has been averaging 1 percent or less forever, the average social security check will double in about 70 years. the monthly check would be $ 2000 in 2075. meanwhile, medicare premiums are rising at 10-15 percent per year. they're currently about $ 70 per month. under his scenario, in about thirty years, the average senior citizen would pay more for medicare than he would receive in social security checks.