[texican01]

“I beg to differ with you, most people I know do not get cheated on S/S. I retired at 62 I have drawn a hell of a lot more than I ever paid in. It is just the way it worked out for me.”

I agree. I and my peer group are doing well from SS and Medicare -— we are probably the last age group to do so!

DB and others should stop making false statements that degrade the credibility of FR

[DUMBGRUNT]

Having recently retired and looking at all the numbers, it appears that I paid 2x as much into SS as may personal plan. Including employer ‘contribution’.
My plan pays 5x what I receive from SS!
I paid every penny into my plan, no matching funds.
I will note that my plan does NOT have a COLA.

[DB]

Its not false, and if you are going to talk about me you could give the basic common courtesy of ping me.

Read my response to his statement. It isn't false.

You said:

"I agree. I and my peer group are doing well from SS and Medicare -— we are probably the last age group to do so!"

Well that's the point it isn't it. So you say I'm wrong while at the same time acknowledging my point...

That's how Ponzi schemes work. Those out early get the goodies. Those on the tail in get cheated.

[DB]

Sorry, that should have been "Those on the tail end get cheated."