this post was submitted on 14 Jul 2026
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Work Reform

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A place to discuss positive changes that can make work more equitable, and to vent about current practices. We are NOT against work; we just want the fruits of our labor to be recognized better.

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[โ€“] zarathustrad@lemmy.world 1 points 1 day ago

Fun fact.

Some one retiring today at 67 after paying the full cap for the last 35 years (1992โ€“2026) would be getting ~4k/month SS, after paying ~479K (half from employer if not self employed) in SS only over 35 years.

The same amount invested would likely result in slightly lower payments at 4% return, but higher with actual market return at higher risk. Plus, allow for wealth transfer to dependents.

So, take that how you will.

(Numbers are rough since the cap is a moving target and 35 years is a long time).