Social Security

Subject: Who Gets Your Social Security If You Are Dead?

Yes, this does strike a nerve.
> > WHO GETS YOUR SOCIAL SECURITY IF YOU ARE DEAD?
>
> KEEP PASSING THIS AROUND UNTIL EVERY ONE HAS READ
> IT....
> SOMETHING TO THINK ABOUT
> THE ONLY THING WRONG WITH THIS CALCULATION IS THEY
> FORGOT TO FIGURE IN THE PEOPLE WHO DIED BEFORE THEY COLLECTED THEIR SOCIAL
> SECURITY!!!! WHERE DID THAT MONEY GO?????????????
>
> What about the money remaining in an individual's
> account when they pass away? Where does it go? Into a pool to pay others?
> Why doesn't Congress respond to these easy questions?
> This was sent to me, I am forwarding it because it
> does touch a nerve in me.
>
> This is another example of what Rick Perry called
> "TREASON in high places" !!! Get angry and pass
> this on!
>
> Remember, not only did you contribute to Social
> Security but your employer did too. It totaled 15% of your income before
> taxes. If you averaged only $30K over your working life, that's close to
> $220,500.
>
> If you calculate the future value of $4,500 per
> year (yours & your employer's contribution) at a simple 5% (less than what
> the govt. pays on the money that it borrows), after 49 years of working
> you'd have $892,919.98.
>
> If you took out only 3% per year, you'd receive
> $26,787.60 per year and it would last better than 30 years (until you're 95
> if you retire at age 65) and that's with no interest paid on that final
> amount on deposit! If you bought an annuity and it paid 4% per year, you'd
> have a lifetime income of $2,976.40 per month.
>
> The folks in Washington have pulled off a bigger
> Ponzi scheme than Bernie Madhoff ever had.
>
> Entitlement my ass, I paid cash for my social
> security insurance!!!! Just because they borrowed the money, doesn't make my
> benefits some kind of charity or handout!!
>
> Congressional benefits ---- free healthcare,
> outrageous retirement packages, 67 paid holidays, three weeks paid vacation,
> unlimited paid sick days, free airline transportation (first class of
> course) for themselves and their families across the country and around the
> world, complete Commissary and PX privileges at any U.S. military
> installation (that's food, clothing, liquor, gas, laundry, barber or beauty
> salon), now that's welfare, and they have the nerve to call my social
> security retirement entitlements?
>
> We're "broke" and can't help our own Seniors,
> Veterans, Orphans, Homeless
>
> In the last months we have provided aid to Haiti ,
> Chile , and Turkey . And now Pakistan ......home of bin Laden. Literally,
> BILLIONS of DOLLARS!!!
>
> Our retired seniors living on a 'fixed income'
> receive no aid nor do they get any breaks while our government and religious
> organizations pour Hundreds of Billions of $$$$$$'s and Tons of Food to
> Foreign Countries!
>
> They call Social Security and Medicare an
> entitlement even though most of us have been paying for it all our working
> lives and now when it's time for us to collect, the government is running
> out of money. Why did the government borrow from it in the first place?
> Imagine if the *GOVERNMENT* gave 'US' the same support they give to other
> countries.
>
> Sad isn't it?
>
> 99% of people won't have the guts to forward this.