6 ms·
I'm not following your numbers. Max social security contribution is $16000 a year. 30 years of contributions at 4% return gives $1m; at 8%, $1.8m
by usaar333 8y ago
I'm not following your numbers. Max social security contribution is $16000 a year. 30 years of contributions at 4% return gives $1m; at 8%, $1.8m
- madengr 8y agoIt was SS plus 401k contribution, over 60 years of interest, with 40 years of contributing. Download your earnings history from SS.gov, and paste into a spreadsheet to play with the numbers.