[Hardens Hollow]

not so. Those paying in the minimum get many times back their contributions. SS is extremely socialized or progressive. Look at the SS calculations - there are 3 tiers. The lowest tier uses 90% of the amount paid in, the 2nd uses 32%, the last 15%. Then, there is a minimum payment that if one’s AIME is below a certain indexed number, they get the minimum payment no matter how little they paid in. And of course, the linger one lives the more they collect.

You are completely ignoring the calculations and facts. I find a lit of conservatives, especially those collecting SS refuse to see what a ponzi scheme SS is. If you were right, it wouldn’t be bankrupt. No wonder politicians are afraid to touch it.

[Pollster1]

I only did the numbers for my own income, and I lose a lot on social security. Adjusted for present value, I’d still lose even if I lived to age 100.

[ladyjane]

Look at the SS calculations - there are 3 tiers. The lowest tier uses 90% of the amount paid in, the 2nd uses 32%, the last 15%.

And they're still going broke.