ARE WE BEING RIPPED OFF?

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 employers contribution) at a simple 5% (less than what the govt. pays on the money that it borrows), after 49 years of working (me) youï’d have $892,919.98.

If you took out only 3% per year, you receive $26,787.60 per year and it would last better than 30 years, 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, we paid cash for our social security insurance!!!! Just because they borrowed the money , doesn’t make our benefits some kind of charity or handout !!

Congressional benefits , aka. 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 our retirement entitlements!