[Republican_Strategist]

A worker's rate of return is based on the amount of money paid into the system, the worker's monthly benefit and life expectancy. Since Social Security is skewed to help those with lower incomes, people with higher wages tend to get a lower return than those with lower wages. However, some of this progressive tilt is offset because lower-wage workers generally have shorter life expectancies (and receive fewer benefits) and longer working lives (and pay taxes longer). A person who starts his working life immediately after high school and works from age 18 to age 67 will pay into the system for 49 years; however, Social Security only credits individuals for their 35 highest earning years. Extra taxes paid by those who begin working early do not earn additional benefits.

In general, workers born before World War II paid significantly less in taxes than they will receive in benefits - and can expect a higher rate of return than subsequent generations. By contrast, baby boomers can expect a rate of return of less than 2 percent, and Generation Xers can expect less than 1 percent. Children born today can expect a rate of return from Social Security of almost zero, assuming that the program can pay full promised benefits.

[dcwusmc]

Ponzi-scheme BUMP. Eradicate SS bump. And some people wonder why I don't trust FedGov... Hmmmmmmmmmmmm

[TheGrimReaper]

Children born today can expect a rate of return from Social Security of almost zero, assuming that the program can pay full promised benefits.

For this, Charles Ponzi went to prison.
FDR was elected President 4 times.

[calenel]

If you count the employer contributions, the total return for an average lifespan, average wage worker is only about 85% - in other words, you get back less money than you put in. And that doesn't even consider inflation.

[willyone]

Elderly immigrants who have never worked a day in their lives in the US are routinely granted SSI. There are approximately 700,000 of these leeches who draw on average over a thousand a month in benefits. My best buds mother in law is from Iraq and she gets Social Security, discounts on phone and utilities, housing subsidies, Medi Care and the list goes on. Makes me feel good that all these deserving folks get taken care of. They need to start fitting all newborn kids with the yoke that represents the debt they are inheriting. And we have let it happen.