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Pastimes : The Naked Truth - Big Kahuna a Myth -- Ignore unavailable to you. Want to Upgrade?

To: Les H who wrote (41282)	5/16/1999 9:56:00 PM
From: Lizzie Tudor	Read Replies (1) \| Respond to of 86076

giving away the 'surplus' to so-called 'savings' accounts. Isn't that the same thing? Take my case being in my 30s I think I will receive no SS. If I project my earnings out with their meager little 2% return calculator, assuming I have wages that keep pace with inflation then they already have a completely inaccurate formula as to how much SS will have to pay me in 30 years. Thats the whole reason they know it will be insolvent - these lame forward looking calculations. Anyway lets say they gave me a choice of $200. now for every $1000. I am projected to receive in benefits. Since the rate of return for SS is so low anything they give me no matter how small will be advantageous to me, so I will take it, and my benefits are decreased. Whats wrong with that - or don't I understand it.