Here’s How Much Money You’ll Get From Social Security

Here’s How Much Money You’ll Get From Social Security

CNBC Make It

3 года назад

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CNBC Make It
CNBC Make It - 19.01.2021 20:22

How are you planning for retirement? Let us know in the comments below.

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Lee Walton
Lee Walton - 16.09.2023 09:38

📌.I wasn't financial free until my 40’s and I’m still in my 40’s, bought my third house already, earn on a monthly through passive income, and got 4 out of 5 goals, just hope it encourages someone's that it doesn’t matter if you don’t have any of them right now, you can start TODAY regardless your age INVEST and change your future! Investing in the financial market is a grand choice I made.

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Colin Hughes
Colin Hughes - 26.08.2023 04:36

I collect SSDI now and been collecting since 2015 when 55 years old ....now that I am 63 years old can I apply for social security retirement and would I be able to collect both SSDI benefits and social security retirement benefits

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J
J - 22.08.2023 07:31

100,000 a year for 35 years for 2,800 a month before taxes at 62 effing years old (I'm rounding up to be "nice") dont make no sense.

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Lord Lemond
Lord Lemond - 09.08.2023 03:47

Onlyfans account somewhere in Ukraine.

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CornPopSniffin
CornPopSniffin - 30.06.2023 07:18

How do we get the 3600 a month

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Everett Calhoun
Everett Calhoun - 22.06.2023 19:31

To all the young people out there who believe that SS will not be there for them. Get involved in your future demand that your representatives support a strong OASDI.

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Julie
Julie - 10.06.2023 21:23

I raised 4 children no welfare then retired 10 years ago. There is no saving when you do thus. Was happy to have raised my children. However I cannot afford any place. Best years of my life is scraping by having to live with an adult daughter that's not fair. The burden is on our kuds because government dies not know how to help its own yet pays fir illegals??? Nuts.

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Jesbensom Michael
Jesbensom Michael - 02.06.2023 16:27

Nobody can become financially successful overnight. They put in background work but we tend to see the finished part. Fear is a dangerous component, hindering us from taking the bold steps we need in other to reach our goals.

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James Gadd
James Gadd - 21.05.2023 04:47

Very few make that kinda money

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chivas_gold
chivas_gold - 01.05.2023 07:47

Max out your Roth IRA

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flobie1kenobi
flobie1kenobi - 06.04.2023 09:21

So basically, I should work for 10 years then stop and collect 20% of your money when I turn 62.

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Robert Dunphy
Robert Dunphy - 04.04.2023 10:41

We all need to save social security now not later and we need to take thoses in office out of office in government that don't want to save social security.

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Skitz Daniel
Skitz Daniel - 20.02.2023 06:11

Yes, the US government has borrowed money from the Social Security trust fund in the past.

The Social Security trust fund collects more in payroll taxes each year than it pays out in benefits. The excess funds are invested in US Treasury bonds, and the interest earned on those bonds is added to the trust fund.

However, the government has sometimes borrowed money from the trust fund to finance other government programs, such as infrastructure projects, defense spending, and other government expenses. This borrowing is accomplished through the sale of special-issue Treasury bonds to the Social Security trust fund.

The government is required to pay back the funds it has borrowed from the Social Security trust fund, with interest. As of now, the US government owes over $2.8 trillion to the Social Security trust fund. The government is required to repay this debt, and failure to do so could potentially jeopardize the stability of the Social Security program in the future.

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Mickey
Mickey - 12.02.2023 05:18

I worked hard for 50 years! I had to move 22 times for work. I’m 71 and retired with a body that hurts every day.
Stop salivating over what I get from SS. It’s barely enough. It will not buy an electric car either. Don’t be shocked if a lot of us think you are blood eating leeches.

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Worthless garbage
Worthless garbage - 05.02.2023 02:21

Im 21. I've always been told to plan as if social security won't exist by the time I retire.

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Falcon07
Falcon07 - 01.01.2023 21:24

Joe Biden claiming to champion Social Security and Seniors yet he taxes their benefits which they paid into all their working lives. 😡

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Karl Keating
Karl Keating - 05.09.2022 14:58

SS payouts should be cut during recessions. If SS tax receipts drop, as they will, during a recession, shouldn't benefits be cut?

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Peter Northrup
Peter Northrup - 16.08.2022 19:35

I've been working since I was 13. Worked in a trade. No college. I worked overtime my whole life. I retired at 55. The day I turned 62 I started collecting S.S. $2100.00 per month. Looks like there will be a %10 increase in January. I do just fine on S.S. Another $200.00 per month in January. Maybe the same the following year? Live within your means. Save for retirement early. Work sucks. Get out early.

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Tom Blevins
Tom Blevins - 03.07.2022 00:19

Why do any of us deserve a Federal government handout? Young people are struggling to pay off student loans, educate their kids and pay off mortgages. Seniors had their whole working lives to save. They should not be collecting welfare now

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Ed Rodgers
Ed Rodgers - 20.06.2022 21:54

I live in a complex full of old people. Everyone I speak with is getting a monthly Federal welfare check. I mostly worked for cash. How can I collect a monthly welfare, SS, check?

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max lewis
max lewis - 19.04.2022 22:13

Unsure for the future of social security benefits 🤦🏿‍♂️

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Jason Madello
Jason Madello - 08.01.2022 03:19

Can i get a thousand more dollars from social security if i spent all of it for games off of amazon because theres nothing wrong with this!

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Tom Von Neefe
Tom Von Neefe - 20.10.2021 21:11

I'd like to see the numbers also for ages 62 the full retirement age and age 70

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HighwayLand
HighwayLand - 07.10.2021 20:55

You forgot to talk about on how Social Security probably won't exist when I retire. I'm 32 years old by the way, I got a long way to go.

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Chris
Chris - 04.10.2021 23:47

Nothing, I’m not counting on it for my retirement

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Aaron18Cvx
Aaron18Cvx - 02.09.2021 10:45

420 blaze it

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Lobster Mania
Lobster Mania - 01.09.2021 00:05

I'm more confused than ever. I bet I will be lucky to get 800 bucks a month in 4 years.

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Mark Morton
Mark Morton - 19.07.2021 04:06

What about the people who are able to work because of health reasons why are they not going to get the help everyone else is in the country today some one is going to have a come apart and shoot the people who are responsible for making them suffer l have had to have 3 back surgerys go out and get a job Mr President.ha ha pitiful.

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Emma Davis
Emma Davis - 19.07.2021 03:25

.

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Lol Ha
Lol Ha - 07.05.2021 06:57

2,790 here i come

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Chic Noir
Chic Noir - 08.03.2021 06:58

401K, IRA, cash saved, savings bonds, part- time job and social security.

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CallmeOsho
CallmeOsho - 04.02.2021 03:54

We need to get rid of SS, just give everyone their money back and end the program.

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Veranaya Valbrun
Veranaya Valbrun - 23.01.2021 16:50

356 dollars month

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Ermino Benitez
Ermino Benitez - 23.01.2021 04:33

I am 67 years i get175 a mont whick 22500 year

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Ermino Benitez
Ermino Benitez - 23.01.2021 04:30

How much i get

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Ermino Benitez
Ermino Benitez - 23.01.2021 04:29

If i get 2500 a year

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Ermino Benitez
Ermino Benitez - 23.01.2021 04:28

If i get $175 month

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William Rodriguez
William Rodriguez - 23.01.2021 03:26

IDK... They take 12% of your paycheck (you pay half, company pays half) and they are still running out of money...

Better to let me keep that 6-12% and invest over my working life time...

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Optimistic Nihlist
Optimistic Nihlist - 23.01.2021 02:00

I know it's likely someone won't respond, but I'm still curious how the age you retire affects your benefits, because the later you wait to receive benefits, the more you get. Does it affect your bends, or how does it work?

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Paul Ho
Paul Ho - 22.01.2021 00:38

If you don't own property by retirement, paid in full, forget about it. Living won't even be worth it.

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Esteban Azcárraga Sada
Esteban Azcárraga Sada - 21.01.2021 22:01

Nice video.

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Young Cheong
Young Cheong - 21.01.2021 13:50

How about they give me back all my paycheck deductions? I better have a social security waiting for me when I retire.

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iseeflowers
iseeflowers - 21.01.2021 07:33

I have no hopes to get this. 😪

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Double Odd Josh
Double Odd Josh - 21.01.2021 07:27

April Fools! Nobody is getting anything in 20 years!

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LIFE WITH RILLA
LIFE WITH RILLA - 21.01.2021 07:27

Kets be real my generation will never see this money.

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Jeff Dorris
Jeff Dorris - 21.01.2021 07:15

Nice work ✨🎇🎆

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Ashen_Ly0071
Ashen_Ly0071 - 21.01.2021 06:50

Is it gross income or net income?

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Incomeking
Incomeking - 21.01.2021 05:37

Just everyone the same amount

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Donald Micheal
Donald Micheal - 21.01.2021 03:11

I've always wanted to invest in forex/stock trading, after a few trials I realized that trading without a good mentor and guidance is a waste of time and money.

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