SOCIAL SECURITY or IS IT GOVERNMENT THEFT

SOCIAL SECURITY

A woman passes away at age 65 without receiving a single benefit check. She and her employer contributed to the system for nearly 50 years, yet she received NOTHING. Consider all the working individuals who pass away each year after paying into the system and receive nothing.

Meanwhile, these government officials have mismanaged the funds and taken from the system, leading it toward bankruptcy.

BEAUTIFUL! They have the nerve to label today's seniors as "vultures" to mask their own incompetence. SHAMEFUL!

The true reason for renaming our Social Security payments is so the government can assert that all Social Security recipients are getting entitlements, thus categorizing them alongside welfare and food stamp recipients.

PATRIOTS,THIS IS WORTH THE FEW MINUTES IT TAKES TO READ AND UNDERSTAND!

For your information, by altering the name of SS contributions, it provides them a way to challenge this program in the future. It's free money for the government to use under this pretense.

The Social Security check is now (or soon will be) called a Federal Benefit Payment.

I'll be among the one percent to pass this on. I'm sharing it because it strikes a chord with me, and I hope it will with you too.

Please continue sharing this until everyone in our country has read it.

The government is now calling our Social Security checks a "Federal Benefit Payment."

This is NOT a benefit. It is OUR money!

It is taken from our earned income! We all contributed to Social Security, and our employers did too! It amounted to 15% of our income before taxes. (This should be enough for you to pass this message on, but if not, read further.)

PATRIOTS, If you averaged $30K per year over your working life, that's nearly $180,000 invested in Social Security.

If you calculate the future value of your monthly Social Security investment ($375/month, including both your and your employer's contributions) at a modest 1% interest rate compounded monthly, after 40 years of work, you would accumulate over $1.3 million.

This amount represents your personal investment. Upon retirement, withdrawing only 3% annually would provide you with $39,318 per year, or $3,277 per month.

This is nearly three times the current average Social Security benefit of $1,230 per month, as reported by the Social Security Administration. (Check Google – it's true.) Moreover, your retirement fund would last over 33 years (until age 98 if you retire at 65)!

PATRIOTS, just imagine how much better most average-income individuals could live in retirement if the government had invested our money in low-risk, interest-bearing accounts.

Instead, the people in Washington orchestrated a larger Ponzi scheme than Bernie Madoff ever did (or Lyndon Johnson).

The government took our money and used it elsewhere, conveniently "forgetting" (though they knew) that it was OUR money.

Congress/Government didn't hold a referendum to ask if we wanted to lend it to them, nor did they pay interest on the debt they took on. Recently, they've informed us that the money won't support us much longer. (Interestingly, they never say this about welfare payments.)

PATRIOTS, Is it our fault the GOVERNMENT mismanaged our investments? Now, to add insult to injury, they're calling it a benefit, as if we didn't work to earn every penny. This is theft!

Just because they borrowed the money doesn't mean our investments were meant as charity!

PATRIOTS, it's time we take a stand. We have earned our right to Social Security and Medicare. Demand that our legislators instill some sense into our government.

BOTTOM LINE

PATRIOTS, we must demand that our federal government find a way to maintain Social Security and Medicare for the 92% of our population who rely on it.

Then label it accurately:

Our Earned Retirement Income

.