Removing All Doubt 
  corner   



HOME

ARCHIVES


My opinions on issues local, heavenly, and at all points in between. Proving that I'm not really opinionated, I'm just always right! If you wish to feed my ego and fill my mailbox, you can e-mail me at StephenCUA2001 -at- yahoo -dot- com.

Blogroll Me!



AS SEEN ON...
<< # St. Blog's Parish ? >>

Blogs4God

Popdex



Catholic Blogs
Mark Shea
HMS Blog
Envoy Encore

Other Recommended Reading
Instapundit
Scrappleface
Drudge Report
Nealz Nuze
OpinionJournal.com's Best of the Web Today
Townhall.com
National Review's The Corner
Dave Barry's Blog
 

Wednesday, January 26, 2005

 
THANK GOD I DON'T HAVE TO RELY ON RISKY STOCKS FOR RETIREMENT

From the Heritage Foundation Social Security Calculator:

You can expect to pay $545,704 in Social Security taxes over your working life for retirement and survivors benefits. For those taxes, you can expect to receive $3,045 a month in Social Security retirement benefits. Your rate of return under today's Social Security is -2.17%.

However, if you had been able to invest your Social Security taxes in a Personal Retirement Account (PRA), you would have had a total of $2,076,585 when you retired. Your monthly benefits would have been $16,915. You lost $13,870 a month.


But if I was able to control and grow my own retirement funds, then how would the AARP scare me into voting Democrat?






This page is powered by Blogger.