Government Waste
Social Security Ripoff (Cont.)
4. By 2070 the annual flood of red ink from
the S.S. system will be $7 Trillion.
5. An average 36 year old wage earner today will receive $52,132 per year when he retires (couple). The same contributions in a private annuity would yield a return of $58,664 plus the principal at death.
Source: The National Tax Foundation