DBA
Diamond Member
- May 10, 2015
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Because the wealthy have - both during their working years and in retirement - on average: better access to healthy diets, more opportunity for healthy exercise, better access to wellness programs, and better access to medical care (both physical and prescription). Wealthy people tend to live many years longer (link previously posted), meaning they typically live past the break-even-point where benefits exceed inputs. This of course is based on a averages for large numbers of people, individual anecdotal examples will of course vary.
Do you have a link to the numbers showing that those that pay the maximum SS live long enough, on average, that their benefits exceed their contributions? I don’t disagree with the idea that wealthier people may live longer, just not sure most live long enough to recover all their benefits.
Also, even if true, it is kind of messed up that I must live longer to potentially recoup my contributions, don’t you think?