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Social Security is NOT an entitlement with Cy Financial

Ever since you began working you have contributed 6.2% of your pay in the form of a mandatory tax for Social Security and SO HAVE YOUR EMPLOYERS!  12.4% total is no small sum.  Imagine if you had been able to direct how all that money was to be invested.  Social Security was started back in 1935 by President Roosevelt. Benefits were to begin at age 65 and the life expectancy was under age 60.  There were 160 workers paying in to the system for every 1 retiree.  Fast forward to today… there are 3 workers for every 1 retiree and the average life expectancy is 78 years of age! Benefits paid annually – over $816 BILLION and rising!  If you’ve made it to the promised land of retirement age you might be eager to take what the government is ready

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