he likely has 3 kidsWell, actually ss is not something the gov merely GIVES to people. Most people have worked a 30 or 40 years and have paid their MONEY into SS. Now the gov. is paying it back in increments. The people who die before they reach ss age just donated 30 or 40 years of hard labor to the rest of us orr to some illegal who stole his identity.
True, True... We do pay into it, but...
Fed says if I Die right now, my Wife and Chitlins get about $1200 ea a Month until the kids are 18...
That's a MINIMUM of $561,000 just based on when my Eldest Child turns 18 and no Increase in COLA...
This System can NOT Sustain itself, Period.
peace...
Your kids will take 35+ years to reach the age of 18?
516,000/1200 = 430 months
430/12 = 35.8 1/3 years.