Dave Adams
10 posts



@phtevenstrong When I start taking social security, does that affect my spouse
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I did some depressing math today:
• The average American will pay $360,000 into social security over 45 years which will have the purchasing power of $86,000 by the time they retire
• If the average American invested the 6.2% they pay in social security into mutual funds instead, they'd have over $1,000,000 for retirement even after adjusting for inflation
• The average salary in 2067 is on track to have around 12% less purchasing power than today

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