@mechapreneur@SherryBrower2@Palmerizer2@Leia1492 JFC You should thank god they have SS with the lack of information you have. Have you done any research at ALL? Did you actually do the “math “ or just spout crap based on vibes ?
@allcasinoaction@shaguncrypto Sure they did. Most of the boomers were blue collar workers. Just trying not to get drafted, keep their jobs during the 70 recession, deal with the oil crisis. Maybe you mean the POLITICIANS?
@mechapreneur@SherryBrower2@Palmerizer2@Leia1492 Your 2400 plus possible wife 1200
3600 a month. That’s 43200 a year
6.75 years to make back the 300k. Not including COLA raises so it’d shorter.
Also don’t mix in opportunity cost to your math. That’s a different conversation.
@mechapreneur@SherryBrower2@Palmerizer2@Leia1492 And if you are married that six grand a month. Adjusting for inflation it’ll keep going up. You’ll make your money back in about two years. You did not do the math.
@mechapreneur@SherryBrower2@Palmerizer2@Leia1492 And I didn’t break your claim, even though you didn’t pay those taxes somebody else paid it on your behalf
You still would make it back in 10 years
@WordsMattertoU@mechapreneur@Leia1492 His math is way off. Even if he double paid for self-employed he’ll make that back in 10 years. Not including inflation.
@mechapreneur@Palmerizer2@Leia1492 Maybe you Maybe you are so mad because you can’t do math. If you live for 20 years, you’ll have 1 million bucks paid out not including inflation.
@mechapreneur@Palmerizer2@Leia1492 The only way you put that in is if you were at the max amount and self employed the entire time and putting in both sides
At 4k a month you make the employee side back in 5 and the double payment back in 10 years(if you were self employed ) that does not include inflation