Concerning Social Security payments, my contributions were made for 40 years on every salary I received. Those jobs may not have always been the work I wanted to be doing at the time, BUT I always had a job. The Social Security check is now (or soon will be) 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 is our money paid out of our 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 you 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 – it’s 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 (oh yes, they 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.
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 Earned Retirement Income.
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At just 35 years old, Chief Petty Officer Leslie Allison Bruner slipped away peacefully in Virginia Beach, surrounded by the family who loved her.
For 16 years she served with quiet strength as an active-duty Cryptologic Technician Collections Senior Chief, supporting Naval Special Warfare Development Group — the tip of the spear.
She deployed multiple times into the heart of Operation Enduring Freedom, working in the shadows so others could strike the enemy. Through the heat, the danger, and the long separations, she earned the respect of every SEAL and sailor who served beside her.
She carried the weight of the Global War on Terror on her shoulders and in her heart — and still smiled through it all.
Her awards tell only part of the story: the Defense Meritorious Service Medal, Joint Commendation Medal, Joint Service Achievement Medal, Navy and Marine Corps Achievement Medal, and many more. But those who knew her will tell you the real medal was the way she showed up for her teammates every single day.
She fought her own brave battle with cancer while still in uniform, never once asking for the spotlight.
Today we honor a warrior who gave everything for her country and her brothers and sisters in arms.
God bless you, Senior Chief Bruner. Your service, your sacrifice, and your unbreakable spirit will never be forgotten.
Rest easy, Chief. The watch is secure.