“If you and employer paid max SS (not medicare) tax, your libaility this year is about 13,000”
Owning my own company, I pay my part and the match, have maxed out each year since leaving the US Army.
By all calculators, I get something like a negative 3% return.
I agree the return is negative but I still think you would get your money back before you reach 200. I was using todays $ figure for payout on SS to get the 30k per year. If you use anticipated $ adjusted for inflation the number rises to 50k per year. In either event we are screwed.