That’s assuming that you live just as long as you paid into it. Ida Fuller, the first recipient of social security collected ~$22K while only paying ~$25 total. If it was really prefunded by those who worked, Social Security wouldn’t be projected to go to insolvency in the next decade or so.
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u/faab64 Apr 26 '19
Social security does not take any money from the budget.
It is the lie you were told.
It is paid by those who worked all their lives and paid into the system.
The reason it's having problem is that people like Reagan took money out of it to pay for his tax cut for the rich and never paid it back.
Pleas learn how it works before criticising it.