McCarthy demands work requirements on 'all the programs' including Social Security, Medicare, Med...

[Johnny2X2X]

48. Do you even know how Social Security works?

What you pay gives you benefits until you die and then some. In fact, you can track your total amount that you and your emnployers have paid. 2 years? I've paid $160,000 into Social Security during my working life and my employers have matched that with their own $160,000. The next 15 years of my career I'll pay another 135,000 that will be matched by employer with another $135,000. That will be close to $600K me and my employer have contributed, my benefits will be based on that. I'm probably get about $35K a year, if there was 0% interest it would last me 17 years of retirement, but Social Security earns 3% on its money, so I will have paid in more than I'll collect before I die in all probability.

I see the poster I was responding to removed their post that was saying you collect more in 2 years than you paid into social security when you retire. Either they removed their post or it was removed for being a far right talking point.