As President Bush travels the country promoting his vision to partially privatize Social Security, some of you are still wondering if it will make any real difference at all for you.
Want to see what partial privatization of Social Security could mean to you? This website lets you compare the numbers side by side.
The Heritage Foundation has put together this page which lets you enter in your age, marital status and annual income and then calculates your monthly payout under a partially privatized social security system and an unchanged system.
Find out what it the Bush plan would mean to you in REAL DOLLARS AND CENTS!
Craig DeLuz
Visit The Home of Uncommon Sense…
www.craigdeluz.com
2 comments:
The site forgets the probable reality that SS will not be in very good shape by the time I'm ready to retire in it's present form. I wrote it off years ago in my retirement planning. If it survives somehow - great, it'll be gravy.
How will taking money out of the system fix the system? It wont.
If we did nothing S.S. could pay 73% after 2042 and that is if we do nothing. Small corrections in the cap and retirement age would raise that percentage and fix the problem long term through the next century.
Bushes plan would do nothing but destroy the sytem and create more debt. However the market would be proped up with the infusion of money. Look at the fine print the returns would not be as advertised.
To show a different side.
ncpssm.org
S.S.
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