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To: Conservababe
The very first retiree collected more than she put inn with her first check.

Back when, people were paying 0.5% on $2000 per year so it easy to recoup all they paid in very quickly.

3 posted on 11/20/2008 10:42:51 AM PST by Mikey_1962 (Obama: The Affirmative Action President)
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To: Mikey_1962

I know, but I’m wondering about now. If you have on one side of the balance sheet the amount of lifetime contribution will the amount be depleted before your death or leave a balance that you did not receive. I know it’s all theoretical but so many retirees on SS believe they are paying much more than they receive before death.


7 posted on 11/20/2008 10:48:23 AM PST by Conservababe
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