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Do your numbers still hold with the vastly higher interest rates today compared to 2021?
by HWR_14 3y ago
Do your numbers still hold with the vastly higher interest rates today compared to 2021?
- semiquaver 3y agoYes, those numbers are all from the document I linked, the most recent annual report released in March. Social Security (OASDI) is not very sensitive to inflation since the salary cap on contributions is indexed to average wages and adjusts yearly. The benefits paid out are also adjusted by periodic cost of living adjustments. So when inflation goes up both contributions and withdrawals rise by roughly equal amounts.