[Durus]

It is very unlikely that anyone who is retiring today will ever get back what they paid into social security, ignoring the simple compound interest they could have earned had they been able to put their own money in a savings account.

I won't comment on medicare as I don't know enough about it.

[Gilbo_3]

ive often said they could just let me opt out in the future and i'll call it even...

the burden on my kids shouldnt be multiplied, or even continued as is, on their backs...

that said, the gubmint could simply give back the 'contribution' with or without simple interest and eliminate the system...everybody would win, except the pigs at the trough...

i realized 20 plus yrs ago that i'll never see a dime of it, unless i die *soon* [before the house of cards collapses], then the kids would get something in survivor 'benefits'...besides that, the gilbo clan is responsible for itself, as it should be...

[oh8eleven]

I won't comment on medicare as I don't know enough about it.
I'm not on it, but my understanding is that despite decades of withdrawals from your paycheck, you still pay when you go on it.

• Part A (hospital) is premium free, but some still have to pay a monthly fee.
• Part B (doctors) is mandatory and costs $115 a month.
• Part D (drugs) is optional and costs anywhere from $15 - $200(?), depending on what plan you choose.

After all that, Medicare still only covers 80% of your costs plus there are a lot of co-pays, deductibles, etc.
My parents and in-laws were on it and they hated it.