How Much Could You Have if Social Security Was YOUR Money?
AllFinancialMatters has an interesting post up about what kind of money you could accumulate if you were able to take the money coming out of your paycheck and invest it yourself. He’s using an optimistic 10%, but he also forgot to include the employer’s portion of the tax so the numbers are actually understated.
How Much Could You Have if Social Security Was YOUR Money?
AllFinancialMatters has an interesting post up about what kind of money you could accumulate if you were able to take the money coming out of your paycheck and invest it yourself. He’s using an optimistic 10%, but he also forgot to include the employer’s portion of the tax so the numbers are actually understated if the employer helped out with retirement.
I could go off on a rant about Social Security, but I’ll save that for another day.
