I have been officially working as of 1996. According to SSA website, this is the breakdown of what I and my employers have paid into the system so far:
quote:depoimento de um leitor em:
For Social Security
Paid by you: $33,446
Paid by your employers: $34,842For Medicare
Paid by you: $8,142
Paid by your employers: $8,142
You have earned enough credits to qualify for retirement benefits. At your current earnings rate, your estimated payment would be:
At full retirement age (67): $2,159 a month
At age 70: $2,763 a month
At early retirement age (62): $1,420 a month
https://www.evcforum.net/dm.php?control=page&t=19735&mpp=15&p=323
Isto foi escrito em 2020, e como ele começou a trabalhar em 1996 calculo que isso se refere a 24 anos de serviço.
E ele esta dizendo que:
This, assuming SSA won't be completely insolvent by the time I'm eligible to draw from the pension. Of course, to be fair, this figure is only based on earnings recorded from 2018 (2019 has not been released yet even though I always file my taxes on time) and assumes that you will make the same exact wage as the last recorded year up until retirement.
But even assuming a decent trajectory of exponential growth, as one's annual salary typically continues to increase and, hopefully, outpaces annual inflation, we can still surmise that we ought not rely solely on Social Security or Medicare to save us in our retirement years. If you aren't investing and supplementing the pension with a Roth IRA, 401K, have an employer pension system, investing wisely in stocks/bonds/dividends, have real estate, or own liquid assets, etc, your quality of life is gonna kind of suck...
I guess the point is, invest, my friends. Cuz Uncle Sam alone ain't gonna cut it.
Its interesting, SSA used to be an opt-in program when it first rolled out... Originally you could choose whether or not you wanted to pay into the system or pick your own form of retirement. I guess they realized that in order for it to work at all that they had to implement a compulsory tax at their tiered rate otherwise it would have gone belly up decades ago. Can't even imagine how Japan's federal retirement system could survive into the not-so-distant future.
Edited by Hyroglyphx, 01-31-2020 11:20 PM: Typos
