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s/s check arrived!

December 28th, 2012 at 06:37 pm

My s/s check was deposited to my account yesterday. I always add it to the $20 challenge because it is money I did not use to get and I have never spent one penny of it. It all adds up!

Prev. total $10,940.00
today 504.00
new total $11.444.00

3 Responses to “s/s check arrived!”

  1. creditcardfree Says:
    1356721741

    Wouldn't it be amazing if everyone could save their social security check? Of course, then we wouldn't need social security!

  2. snafu Says:
    1356726763

    I'm confused, isn't SS the 1940's FDR plan that had the workforce contribute each pay based on income? In my mind benefits are merely a return of contributions with 'interest.' I can't imagine anyone thinking they could live on that paltry sum; it should scare people into contributing 10% - 15% to a retirement plan. With the need to fund lifestyle for 30 plus years of retirement, it's important to have a post retirement portfolio. Assisted living accommodations are shockingly expensive.

  3. rob62521 Says:
    1356727043

    It does all add up. As for living on that paltry sum, it is ridiculous. My mom and dad together barely drew $1000 and after paying Medicare and their supplements, they had very little for everything else.

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