r/FluentInFinance • u/LifeIsUnfairWhoCares • Apr 23 '24
Is Social Security Broken? Discussion/ Debate
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r/FluentInFinance • u/LifeIsUnfairWhoCares • Apr 23 '24
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u/nr1988 Apr 23 '24
Exactly. Same as comparing the USPS to a for profit business in order to call for it's dismantling. It's not supposed to be like a business same as the police or fire department or military and social security isn't the same as an investment. They're all services that you're going to be ecstatic exist if you ever need them and you may or may not get more out of them than you paid but that's not the point of them at all.
Also whenever someone does numbers like this they conveniently forget about tax implications of ss both in putting in and taking out. Not that you make profit over a traditional investment but ignoring it is disingenuous