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What's Your Rate Of Return On Social Security?

Saturday, October 20, 2012 - 9:22 AM
From Reuters
Could workers make their money grow more quickly with personal accounts? The actuaries at the Social Security Administration (SSA) ran an analysis recently that simulated real (after inflation) annual rates of return on payroll tax contributions for beneficiaries who were born between 1920 and 2004.

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Ken TuminKen Tumin5,472 posts since
Nov 29, 2009
Rep Points: 125,708
1. Saturday, October 20, 2012 - 9:47 AM
Do we really have to be concerned with SS rates too?  Are they so determined to force more people into the riskier investments  that they would make this a concern?  We have to go out of town to find "any" bank that will give us 2% on long term CDs and I can't see things getting better for many years.  Do we really want to force those who will need SS in the future to risk their payroll deductions in the stock market etc so that when the time comes they won't even get a minimum payback if the stock market is in a "down"  cycle?  Social Security funds should be where they can be sure to be available at the right age for withdrawal.  I am sure glad we didn't have to be concerned with the "rate of return" on our SS all those years.  It's enough of a hassle just trying to get "any" return on personal funds.
paoli2paoli21,406 posts since
Aug 10, 2011
Rep Points: 6,152