A single man who earned an average income and reaches average life expectancy will pay $405,000 into Social Security and Medicare and receive $573,000 in benefits.
Can’t beat that 1/2% interest rate.
Is that a .5% after inflation interest rate?
I think I-bonds have a .4% premium to inflation.
I’ll be looking to invest my recent inheritance in dividend stocks.
Banks are only offering 4% CDs for a few years (when inflation is around 10%).
A single man who earned an average income and reaches average life expectancy will pay $405,000 into Social Security and Medicare and receive $573,000 in benefits.
Can’t beat that 1/2% interest rate.
Then there is the employer match so double the $405k.