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Money and Finances
Reply to "How can someone only get 1k for social security ?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]My parents were high earners who both started taking SS at age 70, this year they’re bringing in a combined $80k just in their SS income. If they live into their 90s like their own parents it’s a great deal.[/quote] In no way is SS ever a "great deal." If they had invested all contributions, they would have far more than the $80K in income (plus the capital left over to pass to their kids).[/quote] Isn’t it a good deal if you live to be really old? I had an aunt collecting SS into her 100s and it seems like she must have gotten out more than she put in through I never ran all of the numbers.[/quote] Even then, you’d have been better off in the stock market. [/quote]
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