Do most Senior Citizens collect more each month from Social Security than what they put in?

No one gets more money in one month than they put in while they worked. Someone who has worked for the past 45 years has paid in a huge some of money, especially if they paid the maximum each year. Now, add the income that they would made on their money if they had not been required to contribute. True that a forced savings was deemed neccesary and I agree. Most people don't come close to collecting what they contributed over the years. The recipients who do collect more are the survivors of someone who died young and collect for spouse and children for years. Disabled people collect early and for longer periods. What is straining the system is less the retirees and more the survivors. Soon the baby boomers will begin collecting. As the bubble passes through the system the following generations will begin to feel the pinch of increased taxes. More people retired and less people, (due to abortion and birth control), paying in will demand changes. Some have already taken affect by raising the age required for full benefits. The women you refer to that were not in the workforce are collecting less than those who paid in longer. But, the law has considered this by allowing them to collect survivors' benefits if those are higher than their entitlement. Remember that those who paid in more collect more. I have a friend my age who also began collecting disability payments. He receives about $600 less per month than I do because he paid in lots less.

I'm not eligible to retire until I am 67- and probably won't have enough other investments to retire until I am 70. I have been working 40 years. There is no way I will collect more each month than what I and my employers ( which for a lot of those years was partly me, because of having a separate business) paid in over 55 years of employment. Yeah my income now is not fully taxed but I expect that will change.

Now the first person to collect social security made a killing she collected for years and paid in less than $100. The first persons eligible should have had to be in the system (vested) for a number of years before they collected.

I agree with a previous poster, its the survivors (dependents and widows) who are draining the system. Just think last year we had that 63 year old disabled woman find a doctor who used invitro-fertilization and she had a child. That kid will collect for the next 17 years, regardless whether mom is alive or not.

Perhaps many years ago when the system was started, people received more than they put in. Not now. I have been putting money into social security for more than 45 years. Some of that time, I was self-employed so paid both parts. I will never get back everything I put in, even if I live to be 100, which I won't. And it's the same for most people I know. And I'm not elgiible until I'm 66...and it gets older each year.

the vast subject with social secure practices is that to many those that for the period of no way paid a dime into it are growing to be to be extra suitable than your dad. in case you labored and paid into it, you will get a fixed quantity which you will in no way get lower back what you paid into it. i'm on social secure practices, yet i attempted to get incapacity, and develop into became down thrice. at the same time as at those hearings, i might consult with different those that have been additionally employing. persons that for the period of no way labored seem to have a much extra suitable risk of having it. in case you have been interior the rustic with a green card, you had a extra suitable risk. I had some words with the decide over this and am no longer allowed to record yet another declare. i'm black balled.

ABSOLUTELY NOT!

the %s have stayed the same... inflation being the reason it "seems" like more.

women that do not have 40 credits can get up to 1/2 of their spouse's SS if they were married for 10 + years.

This is from years ago...I remember that my grandmother told me in 1968 that her husband, my grandfather, only paid into Social Security for one year since it had just gone into effect in 1937. But she received payments from them for over 35 years! You bet she received a lot more than her husband ever contributed!

Well, I'm sure that they put in more than the young people who are benefiting today.