By the way I thanked James for this post, but Social Security (as well as the 'G Fund') is not a retirement investment during the accumulation phase...
For example, your Social Security contributions and employer match are 12.4% of your salary. Using my earnings history and an averaged out 12% contribution rate into the 'C Fund' (ie. an S&P500 indexed fund or ETF) results in an annual inflation adjusted income stream of:
12% contribution
5% average wage growth
7% average earnings (after inflation)
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$38,000 in inflation adjusted income till age 100
Social Securities annual payout is projected to be significantly less. Significantly lass...
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