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Government Social Security Investing
A Special Message to Those Who Worry Social Security Will End Soon
Let me put your mind at ease
The drive-by social media websites claim that the remaining days of Social Security are closing.
A recent report found that starting in 2034, retirees will only receive 76 percent of their benefits unless congress acts to prevent it. (SOURCE)
Social Security was never meant to be a living income but a supplement to other savings and pensions of the recipient.
Social Security began in the 1930s by the FDR crowd to give retiring seniors an additional source of income.
Your Social Security monthly payment is based on your highest 35 years of employment.
The more you make over that period, the more you will receive at retirement.
Some would call it forced savings. If you didn’t get it, you couldn’t miss it.
Social Security benefits are currently funded with the monthly taxes taken from your paycheck.
Isn’t all of the government funded by taxes taken from your paycheck?
Yes, I know corporate, and property taxes are separate from your income taxes. You pay gas taxes and, in some…
