Amplify’d from www.insideronline.org
A fact about Social Security, from the latest Just Facts Foundation report:
For workers who earned average wages and retired at the age of 65 in 1980, it took 2.8 years of receiving old-age benefits to recover the value of their payroll taxes (including interest). For workers who retired in 2003, it will take 17.4 years. For workers who will retire in 2020, it will take 21.6 years. This assumes Social Security will have enough money to pay scheduled benefits for this entire period, which it is not projected to have. [Internal citations omitted.]
For more, see “Social Security Facts,” by James D. Agresti and Stephen F. Cardone, Just Facts, January 27, 2011.
See this Amp at http://amplify.com/u/anyyn
Share this:
- Click to print (Opens in new window) Print
- Click to share on Facebook (Opens in new window) Facebook
- Click to share on Reddit (Opens in new window) Reddit
- Click to share on Pinterest (Opens in new window) Pinterest
- Click to share on X (Opens in new window) X
- Click to share on Tumblr (Opens in new window) Tumblr
- Click to share on Threads (Opens in new window) Threads
- Click to email a link to a friend (Opens in new window) Email
- Click to share on Nextdoor (Opens in new window) Nextdoor
- Click to share on LinkedIn (Opens in new window) LinkedIn

One quarter of a million. That is a rather large number to most people, myself included. One quarter of a million. Say that a few times so that it sinks in. One quarter of a million. That is how many miles my van has driven. The places it has gone. The things that it has seen. The record of all the events that took place during those 250,000 miles. Every inch of that van had to travel those 250,000 miles together. Everything under the hood had to cooperate to accomplish this feat. All working parts had to be maintained in order for the van to make this milestone. 250,000!