Jimi77
Premium Member
CarAudio.com VIP
I just wanna point out that anybody can achieve better gains over time personally investing the 15% social security takes over what the govt pays back...plus every other type of retirement can be left to your heirs when you pass...potentially creating generational wealth...social security doesn't do that...
You need to go back to when ss was originally founded. Because the was a generation who were going to live longer and lacked the savings to fund their futures, ss was set up as a intergenerational wealth transfer program. The is no fund or "lock box" with money sitting in it. Whatever we pay into ss goes right back out recipients. If their funds left over, then the federal gov't uses those funds in the general budget.
To opt out of SS would require that a generation of Americans get cut off. Try selling that to the public....
