I think the rate of return on my contributions is about 1%.You also had disability insurance, widow/orphan insurance, and spousal insurance (at 50% of your benefit)--all included in the amount you paid for Social Security. Has a monetary value. I think you made a lot more than 1% when you consider particularly the value of disability insurance in your 50s/60s and the value of 50% spousal support even if they never contributed a penny to the SS fund.At age 64, the hubster & I will get ~2000 + 1500/month that we don't have to manage or worry about...market crash? low inflation? high inflation? dividend cuts? recession? depression? losing our marbles? poor investment decisions? doesn't matter! SS makes me feel secure in a way that investments do not. And we could live on just SS ($42k) if we really had to, there's an additional sense of security.
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