Adding up my donations to social security over 40 years, and using just my contributions, and using only 2% growth, I should have a minimum of 250K in an account. At 14K a year, that would last me about 21 years or age 83.
But 2% is low and this ignores the employer contribution matching my own.
My own account with those considered would have yielded double that amount minimum
In other words, social security participants have been terribly ripped off. The politicians lie.
And if you die at sixty, which both my older brothers did, they got nothing and their children got nothing from 40 years of labor,the feds got it all and are keeping it! That is why we need to privatize.