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My last post got me thinking a little bit...I just looked at my social security statement and calculated the contributions that have been made on my behalf....
Assuming a 12.4% annualized return, which is avg. return on a well diversified aggressive growth model from 1970-2000, if I were to stop working today and never make another contribution the total of those contributions would be $5,441,351 dollars when I turn 67....
I will be fortunate if I recover $41K of that five million, four hundred and forty one thousand dollars...
My hats off to FDR and his raw deal....:mad:
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"We weren't worth a damn," the Kansas City Chiefs head coach said, shaking his head. "I'm not worth a damn. No one's worth a damn..."
Former President of the Eric Downing Fan Club and Current President of the Kris"Secret Weapon"Wilson Fan Club
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