I figure that all that I have paid in over my working career will go toward paying for a couple of nice dinners a month. I won’t need it to live on as I was fortunate enough to make and invest well over my working years. Still working at at 62.
My biggest concern isn the socialist taking my massive investments and savings away from me. That is the unfair situation of our current regime
You don’t have to “figure”. You can easily set up your personal info on the SSA website and find out exactly what your benefit will be in different retirement years.
One thing that is certain. For lower income Americans, Social Security is the most generous financial benefit package available. The returns for lower income people are hugely generous.
For higher income people, the benefits become less generous, but still, an annuity with full CPI COLA is shockingly expensive in the real market.
Or, eventually, they will solve the problem by cutting off benefits to Trump voters. Because supporters of Orange Man bad.