Who died before they collected Social Security?

THE ONLY THING WRONG WITH THE GOVERNMENT’S CALCULATION OF
AVAILABLE SOCIAL SECURITY IS THEY FORGOT TO FIGURE IN THE PEOPLE WHO DIED
BEFORE THEY EVER COLLECTED A SOCIAL SECURITY CHECK!!!
WHERE DID THAT MONEY GO?

Remember, not only did you and I 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. Read that
again. Did you see where the Government paid in one single penny? We are talking
about the money you and your employer put in a Government bank to insure you
and I that we would have a retirement check from the money we put in, not the
Government. Now they are calling the money we put in an entitlement when we
reach the age to take it back. If you calculate the future invested value of
$4,500 per year (yours & your employer’s contribution) at a simple 5%
interest (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.

Another thing with me…. I have two deceased husbands who died in
their 50′s, (one was 51 and the other one was 59 before one percent of their
social security could be drawn. I worked all my life and am drawing 100% on my
own social security). Their S.S. money will never have one cent drawn from what
they paid into S.S. all their lives.

THE FOLKS IN WASHINGTON HAVE PULLED OFF A BIGGER PONZI SCHEME THAN
BERNIE MADOFF EVER DID.

Entitlement my foot, I paid cash for my social security insurance!
Just because they borrowed the money for other government spending, doesn’t
make my benefits some kind of charity or handout!!

Remember Congressional benefits? — free healthcare, outrageous
retirement packages, 67 paid holidays, three weeks paid vacation, unlimited
paid sick days. Now that’s welfare, and they have the nerve to call my social
security retirement payments entitlements?

We’re “broke” and we can’t help our own Seniors,
Veterans, Orphans, or Homeless. Yet in the last few months we have provided aid
to Haiti, Chile and Turkey. And now Pakistan……home of bin Laden. Literally,
BILLIONS of DOLLARS!!! And they can’t help our own citizens in New York and New
Jersey! They sure rushed to help Katrina victims in 10 days!!!!! I guess
minorities have more clout!

Our retired seniors living on a ‘fixed S.S. income’ receive no
additional federal aid nor do they get any financial breaks, while our
government and religious organizations pour hundreds of billions of $$$ 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? It was supposed to be in a locked
box, not part of the general fund.

Sad isn’t it?

99% of people won’t have the guts to forward this. I’m in the 1%
– I just did.