Feb 7, 2013

Can You Outdo Social Security?

"...The average worker in America has 6.2% in Social Security taxes withheld from each paycheck. This money is given to the government with the understanding that it will be returned to the worker in his or her retirement years for living expenses via a set monthly payment.

However, is it possible for an individual to earn more money for retirement than the government would pay by investing that same 6% on his own?

I recently came across an interesting hypothetical scenario that says that it is indeed an achievable possibility..."

Read more at FedSmith.com

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