USAspending – How U.S. government money was spent in 2016

Re:USAspending – How U.S. government money was spent in 2016 by catawbasam on Tuesday May 09, 2017 @12:31PM (#14301431)

Nope. Boomers are taking out $1 million more per head than they put in. See e.g. https://www.ssa.gov/policy/trust-funds-summary.html:

"The projected actuarial deficit for the combined trust funds over the next 75 years is 2.66 percent of taxable payroll, which is slightly less than last year's projected deficit of 2.68 percent. As a share of the economy or gross domestic product (GDP), the actuarial deficit over the next 75 years is projected to be 1.0 percent."

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Re:USAspending – How U.S. government money was spent in 2016 by coldcode on Tuesday May 09, 2017 @08:24PM (#14305020)

Currently the max payout is 2,639 per month. In order to get $1M you would have to live to age 97. That assumes you never put anything in. The average lifespan is only 13 years past 65. I don't know what kind of math that is but its misleading.

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