Episode 284: Phasing Out Social Security
Words & Numbers
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What's the Compounding Interest Rate?
The plan is people will continue to pay into Social Security as they do now until age 40. When you hit age 41, you don't pay into social security anymore, but you also don't get any benefits. You take a mix of stocks and bonds and you can be at something like 5% above inflation. That's where it's very interesting.
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