Social Security check Friday, April 20, 2013, 5:00 AM


>>
>> Here we go.
>>
>> JUST REALIZED THAT WITH REQUIRED AUTO DEPOSIT, I NEVER GET TO SEE THE
>> CHECK ....
>>
>> ALERT EVERYONE YOU KNOW.
>> THIS AFFECTS ALL OF US.*
>>
>> *Subject:*
>> SOCIAL SECURITY becomes FEDERAL BENEFIT CHECK
>>
>> Have you noticed, the Social Security check is now referred to as a
>> "Federal Benefit Payment"?
>>
>> I'll be part of the one percent to forward this. I am forwarding it
>> because it Touches a nerve in me, and I hope it will in you.
>>
>> Please keep passing it on until everyone in our country has read it.
>>
>> The government is now referring to our Social Security checks as a
>> Federal Benefit Payment.
>>
>> This isn't a benefit it. It is earned income! Not only did we all
>> contribute to Social Security but our employers did too.
>>
>> It totaled 15% of our income before taxes .
>>
>> If you averaged $30K per year over your working life, that's close to
>> $180,000 Invested in Social Security .
>>
>> If you calculate the future value of your monthly investment in social
>> security( $375/month, including both your and your employers
>> contributions) at a meager 1% Interest rate compounded monthly, after 40
>> years of working you'd have more than $1.3+ million dollars saved!
>>
>> This is your personal investment .
>> Upon retirement, if you took out only 3% per year , you'd receive $39,318
>> per year, or $3,277 per month .
>>
>> That's almost three times more than today's average Social Security
>> benefit of $1,230 per month, according to the Social Security
>> Administration
>>
>> (Google it - its a fact).
>>
>> And your retirement fund would last more than 33 years (until you're 98
>> if you retire at age 65)! I can only imagine how much better most
>> average-income people could live in retirement if our government had just
>> invested our money in low-risk interest-earning accounts .
>>
>> Instead , the folks in Washington pulled off a bigger Ponzi scheme than
>> Bernie Madoff ever did.
>>
>> They took our money and used it elsewhere.
>>
>> They forgot (Knew) that it was OUR money they were taking.
>>
>> They didn't have a referendum to ask us if we wanted to lend the money to
>> them .
>>
>> And they didn't pay interest on the debt they assumed .
>>
>> And recently, they've told us that the money won't support us for very
>> much longer .
>>
>> But is it our fault they misused our investments?
>>
>> And now, to add insult to injury, they're calling it a benefit , as if we
>> never worked to earn every penny of it. Offered by John C.
>> Just because they borrowed the money, doesn't mean that our investments
>> were a charity !
>>
>> Let's take a stand .
>>
>> We have earned our right to Social Security and Medicare.
>>
>> Demand that our legislators bring some sense into our government .
>>
>> Find a way to keep Social Security and Medicare going, for the sake of
>> that 92% of our population who need it.
>> *Then call it what it is: Our Ear ned Retirement Income. *
>>
>> 99% of people won't forward this.
>>
>> Will you?
>>
>>
>> *You can bet I WILL !!!*
>>
>>

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