For all those grumbling about Social Security and Medicare, the fact is that most Americans will receive more in benefits from those programs than they paid into them. A dual-income couple with average wages ($43,500 each) who retired in 2010 at age 65 will receive $906,000 in Social Security and Medicare benefits, having paid $704,000 into the system over their working years. A couple retiring at age 65 in 2030 will receive $1,226,000 in benefits, having paid $971,000 into the system.
So shut up already.
Source: Urban Institute, Social Security and Medicare Taxes and Benefits Over a Lifetime
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