Social Security Matters
Dear Rusty: For most folks collecting Social Security, you get back what you put in within 3-5 years, so for those that scream - “SS is not an entitlement, it is my money”- that is not entirely accurate beyond 3-5 years. For me personally 4.4 years is the number. But had I been able to invest that money over the 43 years I worked at a modest 6% interest, I expect the amount would have been a lot more. And of course, the stock market averaged 9.5% over that time. Perhaps Social Security should invest in the stock market instead of U.S. Government treasury bonds.
