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> "Payroll taxes" includes social security, which the worker will collect until he/she dies The example is citing someone who's pulling in $300k from dividends
by mgkimsal 9y ago
> "Payroll taxes" includes social security, which the worker will collect until he/she dies
The example is citing someone who's pulling in $300k from dividends and capital gains each year from investments.
If there's enough of a downturn which would long-term imperil someone pulling in $300k off dividends, it may be big enough to impact social security itself, no?
- pas 9y agoWell, no. Big money from some investment now doesn't mean big money forever from that investment. You can diversify and hedge, but then you're bound to get average market rate, that's basically the rate of Treasury bonds. But if you get 300K from that per year, good for you.