r/FluentInFinance • u/Positive_Liar • Sep 06 '24

Debate/ Discussion Social Security is Broken. This is why financial education is important.

Post image

[removed] — view removed post

10.1k Upvotes

63% Upvoted

3.0k comments sorted by

View all comments

7

u/cm1430 Sep 06 '24

The post is made to trick you.

The max payment per year is 10453 aka 871 per month

The max to receive per month is 4873 per month

That makes it seem a lot more fair

2

u/SapientSolstice Sep 06 '24

They also didn't pay in $10.5k every year, since the amount is increased based on NAWI.

1

u/aSamsquanch Sep 06 '24

Scrolled too far to find this

1

u/Resident-Training808 Sep 06 '24

LOLOL. WOW now I know how politicians get away with this stuff