Post #552 by rayvt on the Retirement Investing board

Personal Finance Topics / Retirement Investing

Unthreaded | Threaded | Whole Thread (2)

Post New | Post Reply | Report Post | Recommend It!

No. of Recommendations: 7

Being a glutton for punishment, and having just downloaded my history from the SSA, I ran some numbers.

The total SS tax paid from 1963 to the last year I had a paycheck was:
Paid by you: $103,948
Paid by your employers: $104,740
Total: $208,688

If the annual tax paid had been invested in the S&P 500, the total final value would be $1,586,293.

If I then took out $2,500 a month, that would last 52 years, assuming no further net growth. For example if the growth was equal to inflation.

If it earned net 1% per annum, it would last 75 years.

If it earned net 2% per annum, it would last forever. "total is $2,120,620.62 after 100 years"

Post New | Post Reply | Report Post | Recommend It!

Print the post

Unthreaded | Threaded | Whole Thread (2)

Prev | Next

Announcements

Retirement Investing FAQ

Contact Shrewd'm
Contact the developer of these message boards.

A community forum supporting civilized, and highly helpful, self-educating investors that come together for shrewdness and merry spirits. These message boards closely follow the look and feel of the old message boards at boards.fool.com prior to the boards redirected to discussion.fool.com. Shrewd'm is not affiliated with the comprehensive and excellent investment website, The Motley Fool (TMF), in any way. The Shrewd commmunity here has owed, and continues to owe, gratitude to The Motley Fool for nurturing a culture of jovial irreverence towards Wall St, and that tradition will continue here.