SS is just another way the Govt has to heist the money and use it. We put in for 35 years, retire and then expect a little back. If we could, we could put into a fund we set up, for the thirty five working years, and with added interest, enjoy that growth of money for those retirement years. What we get back today barely pays the utilities on our homes. It is only a LEGAL WAY TO STICK UP THE TAX PAYER!!
But the problem has been, and will continue to be that we “take out” an s-load more than we put in. My MIL, who is a spry and healthy 88 put into it for years, and has been taking it for 15 years. She got back her inputs about ten years ago. She is now living off my kids. And us.
She gets mad when I point that out to her.
I don’t begrudge it. She is working the system as promised to her. I just wish more people understood it.