Social Security must be privilege not right. Rich must not be allowed to this in mos

Insurance is private while Social Security is tax $. Car insurance if not mistaken is several hundred $ every 6 months, so there's no reason for a millionaire to get car insurance. But if they paid for insurance, then insurance company should compensate if they're victim of negligence or if they are negligent. Insurance companies are in business to make $. This will be weak answer, but Social Security is tax $ while car insurance, homeowners insurance are private businesses. Public health care such as Medicare and Medicaid are tax $ while medical insurance you pay for is private business. Since Social Security along with Medicai and Medicare use tax $, then that should only be available for those who need it. Same thing with public housing, it must be there only if you need it.

 

Like my teachers back in school would say, show your work.

I suspect the assumptions you used are unrealistic.

 

Means testing is a plot by the super rich to starve the program.

Once they get means testing in place the plan is to use that as justification that they shouldn't have to pay into the program at all.

So go back and tell whatever billionaire is paying you to push this scam that we are wise to it.

 

And if you become disabled, and unable to work 3 years into this, how much would you have, to last you the next 50 years?

 

Within 20 years SS will be means tested.

 

In what alternative universe?

The SS receiving population is a huge voting block, that is growing larger every day.
What percentage of the recipients do you think will be ineligible to receive social security?
If it's 50% or 30% the saving would be substantial, and the party that pushed that through would be relegated to permanent minuscule minority status.
If it's only 1% then the saving wouldn't be very much, but the political cost would still be huge, because you'd be telling the other 99% that they were on welfare, and they wouldn't like that.
Means testing social security is a political impossibility.

 

Existing beneficiaries might be grandfathered in but IMO those with other significant assets and/or pensions will be phased out over 5-10 years.

With the graying of the population there is no other alternative.

 

So you save no money, just (*)(*)(*)(*) off a huge voting block, yeah, that's going to happen.

Social Security is on pretty sound actuarial footing, a few little tweaks and it's sound for 75 years, which in political terms is eternity.

 

Agreed.

If a person pays into social security, they are entitled to receive the same benefits as any other person who pays into it. The only way the OPs suggestion works is if the rich are not required to pay into it.

 

Simple enough,

$6409 withdrawn for 15 years:

Interest 5 %

Month Monthly Deposit Balance
1 $400.00 $400.00
2 $400.00 $801.67
3 $400.00 $1,205.01
4 $400.00 $1,610.03
5 $400.00 $2,016.74
6 $400.00 $2,425.14
7 $400.00 $2,835.24
8 $400.00 $3,247.06
9 $400.00 $3,660.59
10 $400.00 $4,075.84
11 $400.00 $4,492.82
12 $400.00 $4,911.54
13 $400.00 $5,332.01
14 $400.00 $5,754.22
15 $400.00 $6,178.20
16 $400.00 $6,603.94
17 $400.00 $7,031.46
18 $400.00 $7,460.76
19 $400.00 $7,891.84
20 $400.00 $8,324.73
21 $400.00 $8,759.41
22 $400.00 $9,195.91
23 $400.00 $9,634.23
24 $400.00 $10,074.37
25 $400.00 $10,516.34
26 $400.00 $10,960.16
27 $400.00 $11,405.83
28 $400.00 $11,853.35
29 $400.00 $12,302.74
30 $400.00 $12,754.00
31 $400.00 $13,207.15
32 $400.00 $13,662.18
33 $400.00 $14,119.10
34 $400.00 $14,577.93
35 $400.00 $15,038.67
36 $400.00 $15,501.33
37 $400.00 $15,965.92
38 $400.00 $16,432.45
39 $400.00 $16,900.92
40 $400.00 $17,371.34
41 $400.00 $17,843.72
42 $400.00 $18,318.07
43 $400.00 $18,794.39
44 $400.00 $19,272.70
45 $400.00 $19,753.00
46 $400.00 $20,235.31
47 $400.00 $20,719.62
48 $400.00 $21,205.95
49 $400.00 $21,694.31
50 $400.00 $22,184.71
51 $400.00 $22,677.14
52 $400.00 $23,171.63
53 $400.00 $23,668.18
54 $400.00 $24,166.80
55 $400.00 $24,667.49
56 $400.00 $25,170.27
57 $400.00 $25,675.15
58 $400.00 $26,182.13
59 $400.00 $26,691.22
60 $400.00 $27,202.43
61 $400.00 $27,715.78
62 $400.00 $28,231.26
63 $400.00 $28,748.89
64 $400.00 $29,268.68
65 $400.00 $29,790.63
66 $400.00 $30,314.76
67 $400.00 $30,841.07
68 $400.00 $31,369.57
69 $400.00 $31,900.28
70 $400.00 $32,433.20
71 $400.00 $32,968.34
72 $400.00 $33,505.70
73 $400.00 $34,045.31
74 $400.00 $34,587.17
75 $400.00 $35,131.28
76 $400.00 $35,677.66
77 $400.00 $36,226.32
78 $400.00 $36,777.26
79 $400.00 $37,330.50
80 $400.00 $37,886.04
81 $400.00 $38,443.90
82 $400.00 $39,004.08
83 $400.00 $39,566.60
84 $400.00 $40,131.46
85 $400.00 $40,698.68
86 $400.00 $41,268.25
87 $400.00 $41,840.20
88 $400.00 $42,414.54
89 $400.00 $42,991.27
90 $400.00 $43,570.40
91 $400.00 $44,151.94
92 $400.00 $44,735.91
93 $400.00 $45,322.31
94 $400.00 $45,911.15
95 $400.00 $46,502.44
96 $400.00 $47,096.20
97 $400.00 $47,692.44
98 $400.00 $48,291.16
99 $400.00 $48,892.37
100 $400.00 $49,496.09
101 $400.00 $50,102.32
102 $400.00 $50,711.08
103 $400.00 $51,322.38
104 $400.00 $51,936.22
105 $400.00 $52,552.62
106 $400.00 $53,171.59
107 $400.00 $53,793.14
108 $400.00 $54,417.28
109 $400.00 $55,044.02
110 $400.00 $55,673.37
111 $400.00 $56,305.34
112 $400.00 $56,939.95
113 $400.00 $57,577.19
114 $400.00 $58,217.10
115 $400.00 $58,859.67
116 $400.00 $59,504.92
117 $400.00 $60,152.86
118 $400.00 $60,803.49
119 $400.00 $61,456.84
120 $400.00 $62,112.91
121 $400.00 $62,771.72
122 $400.00 $63,433.26
123 $400.00 $64,097.57
124 $400.00 $64,764.64
125 $400.00 $65,434.50
126 $400.00 $66,107.14
127 $400.00 $66,782.59
128 $400.00 $67,460.85
129 $400.00 $68,141.93
130 $400.00 $68,825.86
131 $400.00 $69,512.63
132 $400.00 $70,202.27
133 $400.00 $70,894.78
134 $400.00 $71,590.17
135 $400.00 $72,288.47
136 $400.00 $72,989.67
137 $400.00 $73,693.79
138 $400.00 $74,400.85
139 $400.00 $75,110.85
140 $400.00 $75,823.81
141 $400.00 $76,539.75
142 $400.00 $77,258.66
143 $400.00 $77,980.57
144 $400.00 $78,705.49
145 $400.00 $79,433.43
146 $400.00 $80,164.40
147 $400.00 $80,898.42
148 $400.00 $81,635.50
149 $400.00 $82,375.65
150 $400.00 $83,118.88
151 $400.00 $83,865.21
152 $400.00 $84,614.65
153 $400.00 $85,367.21
154 $400.00 $86,122.90
155 $400.00 $86,881.75
156 $400.00 $87,643.76
157 $400.00 $88,408.94
158 $400.00 $89,177.31
159 $400.00 $89,948.88
160 $400.00 $90,723.67
161 $400.00 $91,501.68
162 $400.00 $92,282.94
163 $400.00 $93,067.45
164 $400.00 $93,855.23
165 $400.00 $94,646.30
166 $400.00 $95,440.66
167 $400.00 $96,238.33
168 $400.00 $97,039.32
169 $400.00 $97,843.65
170 $400.00 $98,651.33
171 $400.00 $99,462.38
172 $400.00 $100,276.81
173 $400.00 $101,094.63
174 $400.00 $101,915.85
175 $400.00 $102,740.50
176 $400.00 $103,568.59
177 $400.00 $104,400.12
178 $400.00 $105,235.12
179 $400.00 $106,073.60
180 $400.00 $106,915.58
181 $400.00 $107,761.06
182 $400.00 $108,610.06
183 $400.00 $109,462.61
184 $400.00 $110,318.70
185 $400.00 $111,178.36
186 $400.00 $112,041.60
187 $400.00 $112,908.44
188 $400.00 $113,778.90
189 $400.00 $114,652.97
190 $400.00 $115,530.70
191 $400.00 $116,412.07
192 $400.00 $117,297.12
193 $400.00 $118,185.86
194 $400.00 $119,078.30
195 $400.00 $119,974.46
196 $400.00 $120,874.36
197 $400.00 $121,778.00
198 $400.00 $122,685.41
199 $400.00 $123,596.60
200 $400.00 $124,511.58
201 $400.00 $125,430.38
202 $400.00 $126,353.01
203 $400.00 $127,279.48
204 $400.00 $128,209.81
205 $400.00 $129,144.02
206 $400.00 $130,082.12
207 $400.00 $131,024.13
208 $400.00 $131,970.06
209 $400.00 $132,919.93
210 $400.00 $133,873.77
211 $400.00 $134,831.58
212 $400.00 $135,793.37
213 $400.00 $136,759.18
214 $400.00 $137,729.01
215 $400.00 $138,702.88
216 $400.00 $139,680.81
217 $400.00 $140,662.81
218 $400.00 $141,648.91
219 $400.00 $142,639.11
220 $400.00 $143,633.44
221 $400.00 $144,631.91
222 $400.00 $145,634.55
223 $400.00 $146,641.36
224 $400.00 $147,652.36
225 $400.00 $148,667.58
226 $400.00 $149,687.03
227 $400.00 $150,710.72
228 $400.00 $151,738.69
229 $400.00 $152,770.93
230 $400.00 $153,807.48
231 $400.00 $154,848.34
232 $400.00 $155,893.54
233 $400.00 $156,943.10
234 $400.00 $157,997.03
235 $400.00 $159,055.35
236 $400.00 $160,118.08
237 $400.00 $161,185.24
238 $400.00 $162,256.84
239 $400.00 $163,332.91
240 $400.00 $164,413.47
241 $400.00 $165,498.52
242 $400.00 $166,588.10
243 $400.00 $167,682.22
244 $400.00 $168,780.89
245 $400.00 $169,884.15
246 $400.00 $170,992.00
247 $400.00 $172,104.46
248 $400.00 $173,221.57
249 $400.00 $174,343.32
250 $400.00 $175,469.75
251 $400.00 $176,600.88
252 $400.00 $177,736.71
253 $400.00 $178,877.28
254 $400.00 $180,022.61
255 $400.00 $181,172.70
256 $400.00 $182,327.59
257 $400.00 $183,487.29
258 $400.00 $184,651.82
259 $400.00 $185,821.20
260 $400.00 $186,995.45
261 $400.00 $188,174.60
262 $400.00 $189,358.66
263 $400.00 $190,547.66
264 $400.00 $191,741.60
265 $400.00 $192,940.53
266 $400.00 $194,144.45
267 $400.00 $195,353.38
268 $400.00 $196,567.35
269 $400.00 $197,786.38
270 $400.00 $199,010.49
271 $400.00 $200,239.71
272 $400.00 $201,474.04
273 $400.00 $202,713.51
274 $400.00 $203,958.15
275 $400.00 $205,207.98
276 $400.00 $206,463.01
277 $400.00 $207,723.27
278 $400.00 $208,988.79
279 $400.00 $210,259.57
280 $400.00 $211,535.66
281 $400.00 $212,817.05
282 $400.00 $214,103.79
283 $400.00 $215,395.89
284 $400.00 $216,693.37
285 $400.00 $217,996.26
286 $400.00 $219,304.58
287 $400.00 $220,618.35
288 $400.00 $221,937.59
289 $400.00 $223,262.33
290 $400.00 $224,592.59
291 $400.00 $225,928.39
292 $400.00 $227,269.76
293 $400.00 $228,616.72
294 $400.00 $229,969.29
295 $400.00 $231,327.50
296 $400.00 $232,691.36
297 $400.00 $234,060.91
298 $400.00 $235,436.16
299 $400.00 $236,817.15
300 $400.00 $238,203.88
301 $400.00 $239,596.40
302 $400.00 $240,994.72
303 $400.00 $242,398.86
304 $400.00 $243,808.86
305 $400.00 $245,224.73
306 $400.00 $246,646.50
307 $400.00 $248,074.19
308 $400.00 $249,507.83
309 $400.00 $250,947.45
310 $400.00 $252,393.06
311 $400.00 $253,844.70
312 $400.00 $255,302.39
313 $400.00 $256,766.15
314 $400.00 $258,236.01
315 $400.00 $259,711.99
316 $400.00 $261,194.12
317 $400.00 $262,682.43
318 $400.00 $264,176.94
319 $400.00 $265,677.68
320 $400.00 $267,184.67
321 $400.00 $268,697.94
322 $400.00 $270,217.51
323 $400.00 $271,743.42
324 $400.00 $273,275.69
325 $400.00 $274,814.33
326 $400.00 $276,359.39
327 $400.00 $277,910.89
328 $400.00 $279,468.85
329 $400.00 $281,033.31
330 $400.00 $282,604.28
331 $400.00 $284,181.80
332 $400.00 $285,765.89
333 $400.00 $287,356.58
334 $400.00 $288,953.90
335 $400.00 $290,557.87
336 $400.00 $292,168.53
337 $400.00 $293,785.90
338 $400.00 $295,410.01
339 $400.00 $297,040.88
340 $400.00 $298,678.55
341 $400.00 $300,323.05
342 $400.00 $301,974.39
343 $400.00 $303,632.62
344 $400.00 $305,297.75
345 $400.00 $306,969.83
346 $400.00 $308,648.87
347 $400.00 $310,334.91
348 $400.00 $312,027.97
349 $400.00 $313,728.09
350 $400.00 $315,435.29
351 $400.00 $317,149.60
352 $400.00 $318,871.06
353 $400.00 $320,599.69
354 $400.00 $322,335.52
355 $400.00 $324,078.58
356 $400.00 $325,828.91
357 $400.00 $327,586.53
358 $400.00 $329,351.47
359 $400.00 $331,123.77
360 $400.00 $332,903.45
361 $400.00 $334,690.55
362 $400.00 $336,485.10
363 $400.00 $338,287.12
364 $400.00 $340,096.65
365 $400.00 $341,913.72
366 $400.00 $343,738.36
367 $400.00 $345,570.60
368 $400.00 $347,410.48
369 $400.00 $349,258.02
370 $400.00 $351,113.26
371 $400.00 $352,976.23
372 $400.00 $354,846.97
373 $400.00 $356,725.50
374 $400.00 $358,611.85
375 $400.00 $360,506.07
376 $400.00 $362,408.18
377 $400.00 $364,318.21
378 $400.00 $366,236.21
379 $400.00 $368,162.19
380 $400.00 $370,096.20
381 $400.00 $372,038.27
382 $400.00 $373,988.43
383 $400.00 $375,946.71
384 $400.00 $377,913.16
385 $400.00 $379,887.79
386 $400.00 $381,870.66
387 $400.00 $383,861.79
388 $400.00 $385,861.21
389 $400.00 $387,868.97
390 $400.00 $389,885.09
391 $400.00 $391,909.61
392 $400.00 $393,942.56
393 $400.00 $395,983.99
394 $400.00 $398,033.93
395 $400.00 $400,092.40
396 $400.00 $402,159.45
397 $400.00 $404,235.12
398 $400.00 $406,319.43
399 $400.00 $408,412.43
400 $400.00 $410,514.15
401 $400.00 $412,624.62
402 $400.00 $414,743.89
403 $400.00 $416,871.99
404 $400.00 $419,008.96
405 $400.00 $421,154.83
406 $400.00 $423,309.64
407 $400.00 $425,473.43
408 $400.00 $427,646.23
409 $400.00 $429,828.09
410 $400.00 $432,019.04
411 $400.00 $434,219.12
412 $400.00 $436,428.37
413 $400.00 $438,646.82
414 $400.00 $440,874.52
415 $400.00 $443,111.49
416 $400.00 $445,357.79
417 $400.00 $447,613.45
418 $400.00 $449,878.51
419 $400.00 $452,153.00
420 $400.00 $454,436.97
421 $400.00 $456,730.46
422 $400.00 $459,033.50
423 $400.00 $461,346.14
424 $400.00 $463,668.42
425 $400.00 $466,000.37
426 $400.00 $468,342.04
427 $400.00 $470,693.46
428 $400.00 $473,054.68
429 $400.00 $475,425.75
430 $400.00 $477,806.69
431 $400.00 $480,197.55
432 $400.00 $482,598.37
433 $400.00 $485,009.20
434 $400.00 $487,430.07
435 $400.00 $489,861.03
436 $400.00 $492,302.11
437 $400.00 $494,753.37
438 $400.00 $497,214.85
439 $400.00 $499,686.57
440 $400.00 $502,168.60
441 $400.00 $504,660.97
442 $400.00 $507,163.72
443 $400.00 $509,676.91
444 $400.00 $512,200.56
445 $400.00 $514,734.73
446 $400.00 $517,279.46
447 $400.00 $519,834.79
448 $400.00 $522,400.77
449 $400.00 $524,977.44
450 $400.00 $527,564.84
451 $400.00 $530,163.03
452 $400.00 $532,772.04
453 $400.00 $535,391.93
454 $400.00 $538,022.73
455 $400.00 $540,664.49
456 $400.00 $543,317.26
457 $400.00 $545,981.08
458 $400.00 $548,656.00
459 $400.00 $551,342.07
460 $400.00 $554,039.32
461 $400.00 $556,747.82
462 $400.00 $559,467.60
463 $400.00 $562,198.72
464 $400.00 $564,941.21
465 $400.00 $567,695.14
466 $400.00 $570,460.53
467 $400.00 $573,237.45
468 $400.00 $576,025.94
469 $400.00 $578,826.05
470 $400.00 $581,637.82
471 $400.00 $584,461.31
472 $400.00 $587,296.57
473 $400.00 $590,143.64
474 $400.00 $593,002.57
475 $400.00 $595,873.41
476 $400.00 $598,756.22
477 $400.00 $601,651.04
478 $400.00 $604,557.92
479 $400.00 $607,476.91
480 $400.00 $610,408.06
481 $400.00 $613,351.43
482 $400.00 $616,307.06
483 $400.00 $619,275.01
484 $400.00 $622,255.32
485 $400.00 $625,248.05
486 $400.00 $628,253.25
487 $400.00 $631,270.97
488 $400.00 $634,301.27
489 $400.00 $637,344.19
490 $400.00 $640,399.79
491 $400.00 $643,468.12
492 $400.00 $646,549.24
493 $400.00 $649,643.19
494 $400.00 $652,750.04
495 $400.00 $655,869.83
496 $400.00 $659,002.62
497 $400.00 $662,148.47
498 $400.00 $665,307.42
499 $400.00 $668,479.53
500 $400.00 $671,664.87
501 $400.00 $674,863.47
502 $400.00 $678,075.40
503 $400.00 $681,300.72
504 $400.00 $684,539.47
505 $400.00 $687,791.72
506 $400.00 $691,057.51
507 $400.00 $694,336.92
508 $400.00 $697,629.99
509 $400.00 $700,936.78
510 $400.00 $704,257.35
511 $400.00 $707,591.76
512 $400.00 $710,940.06
513 $400.00 $714,302.31
514 $400.00 $717,678.57
515 $400.00 $721,068.89
516 $400.00 $724,473.35
517 $400.00 $727,891.99
518 $400.00 $731,324.87
519 $400.00 $734,772.06
520 $400.00 $738,233.61
521 $400.00 $741,709.58
522 $400.00 $745,200.04
523 $400.00 $748,705.04
524 $400.00 $752,224.64
525 $400.00 $755,758.91
526 $400.00 $759,307.91
527 $400.00 $762,871.69
528 $400.00 $766,450.32
529 $400.00 $770,043.87
530 $400.00 $773,652.38
531 $400.00 $777,275.93
532 $400.00 $780,914.58
533 $400.00 $784,568.39
534 $400.00 $788,237.43
535 $400.00 $791,921.75
536 $400.00 $795,621.43
537 $400.00 $799,336.51
538 $400.00 $803,067.08
539 $400.00 $806,813.20
540 $400.00 $810,574.92
541 ($6,409.00) $807,543.31
542 ($6,409.00) $804,499.08
543 ($6,409.00) $801,442.16
544 ($6,409.00) $798,372.50
545 ($6,409.00) $795,290.05
546 ($6,409.00) $792,194.76
547 ($6,409.00) $789,086.57
548 ($6,409.00) $785,965.43
549 ($6,409.00) $782,831.29
550 ($6,409.00) $779,684.08
551 ($6,409.00) $776,523.77
552 ($6,409.00) $773,350.28
553 ($6,409.00) $770,163.58
554 ($6,409.00) $766,963.59
555 ($6,409.00) $763,750.27
556 ($6,409.00) $760,523.57
557 ($6,409.00) $757,283.41
558 ($6,409.00) $754,029.76
559 ($6,409.00) $750,762.55
560 ($6,409.00) $747,481.73
561 ($6,409.00) $744,187.24
562 ($6,409.00) $740,879.02
563 ($6,409.00) $737,557.01
564 ($6,409.00) $734,221.17
565 ($6,409.00) $730,871.42
566 ($6,409.00) $727,507.72
567 ($6,409.00) $724,130.00
568 ($6,409.00) $720,738.21
569 ($6,409.00) $717,332.29
570 ($6,409.00) $713,912.17
571 ($6,409.00) $710,477.80
572 ($6,409.00) $707,029.13
573 ($6,409.00) $703,566.08
574 ($6,409.00) $700,088.61
575 ($6,409.00) $696,596.64
576 ($6,409.00) $693,090.13
577 ($6,409.00) $689,569.01
578 ($6,409.00) $686,033.21
579 ($6,409.00) $682,482.68
580 ($6,409.00) $678,917.36
581 ($6,409.00) $675,337.18
582 ($6,409.00) $671,742.09
583 ($6,409.00) $668,132.01
584 ($6,409.00) $664,506.90
585 ($6,409.00) $660,866.67
586 ($6,409.00) $657,211.29
587 ($6,409.00) $653,540.67
588 ($6,409.00) $649,854.75
589 ($6,409.00) $646,153.48
590 ($6,409.00) $642,436.79
591 ($6,409.00) $638,704.61
592 ($6,409.00) $634,956.88
593 ($6,409.00) $631,193.53
594 ($6,409.00) $627,414.50
595 ($6,409.00) $623,619.73
596 ($6,409.00) $619,809.15
597 ($6,409.00) $615,982.68
598 ($6,409.00) $612,140.28
599 ($6,409.00) $608,281.86
600 ($6,409.00) $604,407.37
601 ($6,409.00) $600,516.73
602 ($6,409.00) $596,609.89
603 ($6,409.00) $592,686.76
604 ($6,409.00) $588,747.29
605 ($6,409.00) $584,791.40
606 ($6,409.00) $580,819.03
607 ($6,409.00) $576,830.11
608 ($6,409.00) $572,824.57
609 ($6,409.00) $568,802.34
610 ($6,409.00) $564,763.35
611 ($6,409.00) $560,707.53
612 ($6,409.00) $556,634.81
613 ($6,409.00) $552,545.13
614 ($6,409.00) $548,438.40
615 ($6,409.00) $544,314.56
616 ($6,409.00) $540,173.53
617 ($6,409.00) $536,015.26
618 ($6,409.00) $531,839.65
619 ($6,409.00) $527,646.65
620 ($6,409.00) $523,436.18
621 ($6,409.00) $519,208.16
622 ($6,409.00) $514,962.53
623 ($6,409.00) $510,699.21
624 ($6,409.00) $506,418.12
625 ($6,409.00) $502,119.20
626 ($6,409.00) $497,802.36
627 ($6,409.00) $493,467.54
628 ($6,409.00) $489,114.65
629 ($6,409.00) $484,743.63
630 ($6,409.00) $480,354.40
631 ($6,409.00) $475,946.87
632 ($6,409.00) $471,520.98
633 ($6,409.00) $467,076.65
634 ($6,409.00) $462,613.81
635 ($6,409.00) $458,132.36
636 ($6,409.00) $453,632.25
637 ($6,409.00) $449,113.38
638 ($6,409.00) $444,575.69
639 ($6,409.00) $440,019.09
640 ($6,409.00) $435,443.50
641 ($6,409.00) $430,848.85
642 ($6,409.00) $426,235.05
643 ($6,409.00) $421,602.03
644 ($6,409.00) $416,949.71
645 ($6,409.00) $412,278.00
646 ($6,409.00) $407,586.82
647 ($6,409.00) $402,876.10
648 ($6,409.00) $398,145.75
649 ($6,409.00) $393,395.69
650 ($6,409.00) $388,625.84
651 ($6,409.00) $383,836.12
652 ($6,409.00) $379,026.43
653 ($6,409.00) $374,196.71
654 ($6,409.00) $369,346.86
655 ($6,409.00) $364,476.81
656 ($6,409.00) $359,586.46
657 ($6,409.00) $354,675.74
658 ($6,409.00) $349,744.55
659 ($6,409.00) $344,792.82
660 ($6,409.00) $339,820.46
661 ($6,409.00) $334,827.38
662 ($6,409.00) $329,813.49
663 ($6,409.00) $324,778.71
664 ($6,409.00) $319,722.96
665 ($6,409.00) $314,646.14
666 ($6,409.00) $309,548.16
667 ($6,409.00) $304,428.95
668 ($6,409.00) $299,288.40
669 ($6,409.00) $294,126.44
670 ($6,409.00) $288,942.96
671 ($6,409.00) $283,737.89
672 ($6,409.00) $278,511.13
673 ($6,409.00) $273,262.60
674 ($6,409.00) $267,992.19
675 ($6,409.00) $262,699.83
676 ($6,409.00) $257,385.41
677 ($6,409.00) $252,048.85
678 ($6,409.00) $246,690.05
679 ($6,409.00) $241,308.93
680 ($6,409.00) $235,905.38
681 ($6,409.00) $230,479.32
682 ($6,409.00) $225,030.65
683 ($6,409.00) $219,559.28
684 ($6,409.00) $214,065.11
685 ($6,409.00) $208,548.05
686 ($6,409.00) $203,008.00
687 ($6,409.00) $197,444.86
688 ($6,409.00) $191,858.55
689 ($6,409.00) $186,248.96
690 ($6,409.00) $180,616.00
691 ($6,409.00) $174,959.56
692 ($6,409.00) $169,279.56
693 ($6,409.00) $163,575.89
694 ($6,409.00) $157,848.46
695 ($6,409.00) $152,097.16
696 ($6,409.00) $146,321.90
697 ($6,409.00) $140,522.57
698 ($6,409.00) $134,699.08
699 ($6,409.00) $128,851.33
700 ($6,409.00) $122,979.21
701 ($6,409.00) $117,082.62
702 ($6,409.00) $111,161.47
703 ($6,409.00) $105,215.64
704 ($6,409.00) $99,245.04
705 ($6,409.00) $93,249.56
706 ($6,409.00) $87,229.10
707 ($6,409.00) $81,183.56
708 ($6,409.00) $75,112.82
709 ($6,409.00) $69,016.79
710 ($6,409.00) $62,895.36
711 ($6,409.00) $56,748.42
712 ($6,409.00) $50,575.88
713 ($6,409.00) $44,377.61
714 ($6,409.00) $38,153.52
715 ($6,409.00) $31,903.49
716 ($6,409.00) $25,627.42
717 ($6,409.00) $19,325.20
718 ($6,409.00) $12,996.72
719 ($6,409.00) $6,641.88
720 ($6,409.00) $260.55

 

$3400 almost forever ($6000 lost over 15 years, out of $810K):

Interest 5 %

Month Monthly Deposit Balance
1 $400.00 $400.00
2 $400.00 $801.67
3 $400.00 $1,205.01
4 $400.00 $1,610.03
5 $400.00 $2,016.74
6 $400.00 $2,425.14
7 $400.00 $2,835.24
8 $400.00 $3,247.06
9 $400.00 $3,660.59
10 $400.00 $4,075.84
11 $400.00 $4,492.82
12 $400.00 $4,911.54
13 $400.00 $5,332.01
14 $400.00 $5,754.22
15 $400.00 $6,178.20
16 $400.00 $6,603.94
17 $400.00 $7,031.46
18 $400.00 $7,460.76
19 $400.00 $7,891.84
20 $400.00 $8,324.73
21 $400.00 $8,759.41
22 $400.00 $9,195.91
23 $400.00 $9,634.23
24 $400.00 $10,074.37
25 $400.00 $10,516.34
26 $400.00 $10,960.16
27 $400.00 $11,405.83
28 $400.00 $11,853.35
29 $400.00 $12,302.74
30 $400.00 $12,754.00
31 $400.00 $13,207.15
32 $400.00 $13,662.18
33 $400.00 $14,119.10
34 $400.00 $14,577.93
35 $400.00 $15,038.67
36 $400.00 $15,501.33
37 $400.00 $15,965.92
38 $400.00 $16,432.45
39 $400.00 $16,900.92
40 $400.00 $17,371.34
41 $400.00 $17,843.72
42 $400.00 $18,318.07
43 $400.00 $18,794.39
44 $400.00 $19,272.70
45 $400.00 $19,753.00
46 $400.00 $20,235.31
47 $400.00 $20,719.62
48 $400.00 $21,205.95
49 $400.00 $21,694.31
50 $400.00 $22,184.71
51 $400.00 $22,677.14
52 $400.00 $23,171.63
53 $400.00 $23,668.18
54 $400.00 $24,166.80
55 $400.00 $24,667.49
56 $400.00 $25,170.27
57 $400.00 $25,675.15
58 $400.00 $26,182.13
59 $400.00 $26,691.22
60 $400.00 $27,202.43
61 $400.00 $27,715.78
62 $400.00 $28,231.26
63 $400.00 $28,748.89
64 $400.00 $29,268.68
65 $400.00 $29,790.63
66 $400.00 $30,314.76
67 $400.00 $30,841.07
68 $400.00 $31,369.57
69 $400.00 $31,900.28
70 $400.00 $32,433.20
71 $400.00 $32,968.34
72 $400.00 $33,505.70
73 $400.00 $34,045.31
74 $400.00 $34,587.17
75 $400.00 $35,131.28
76 $400.00 $35,677.66
77 $400.00 $36,226.32
78 $400.00 $36,777.26
79 $400.00 $37,330.50
80 $400.00 $37,886.04
81 $400.00 $38,443.90
82 $400.00 $39,004.08
83 $400.00 $39,566.60
84 $400.00 $40,131.46
85 $400.00 $40,698.68
86 $400.00 $41,268.25
87 $400.00 $41,840.20
88 $400.00 $42,414.54
89 $400.00 $42,991.27
90 $400.00 $43,570.40
91 $400.00 $44,151.94
92 $400.00 $44,735.91
93 $400.00 $45,322.31
94 $400.00 $45,911.15
95 $400.00 $46,502.44
96 $400.00 $47,096.20
97 $400.00 $47,692.44
98 $400.00 $48,291.16
99 $400.00 $48,892.37
100 $400.00 $49,496.09
101 $400.00 $50,102.32
102 $400.00 $50,711.08
103 $400.00 $51,322.38
104 $400.00 $51,936.22
105 $400.00 $52,552.62
106 $400.00 $53,171.59
107 $400.00 $53,793.14
108 $400.00 $54,417.28
109 $400.00 $55,044.02
110 $400.00 $55,673.37
111 $400.00 $56,305.34
112 $400.00 $56,939.95
113 $400.00 $57,577.19
114 $400.00 $58,217.10
115 $400.00 $58,859.67
116 $400.00 $59,504.92
117 $400.00 $60,152.86
118 $400.00 $60,803.49
119 $400.00 $61,456.84
120 $400.00 $62,112.91
121 $400.00 $62,771.72
122 $400.00 $63,433.26
123 $400.00 $64,097.57
124 $400.00 $64,764.64
125 $400.00 $65,434.50
126 $400.00 $66,107.14
127 $400.00 $66,782.59
128 $400.00 $67,460.85
129 $400.00 $68,141.93
130 $400.00 $68,825.86
131 $400.00 $69,512.63
132 $400.00 $70,202.27
133 $400.00 $70,894.78
134 $400.00 $71,590.17
135 $400.00 $72,288.47
136 $400.00 $72,989.67
137 $400.00 $73,693.79
138 $400.00 $74,400.85
139 $400.00 $75,110.85
140 $400.00 $75,823.81
141 $400.00 $76,539.75
142 $400.00 $77,258.66
143 $400.00 $77,980.57
144 $400.00 $78,705.49
145 $400.00 $79,433.43
146 $400.00 $80,164.40
147 $400.00 $80,898.42
148 $400.00 $81,635.50
149 $400.00 $82,375.65
150 $400.00 $83,118.88
151 $400.00 $83,865.21
152 $400.00 $84,614.65
153 $400.00 $85,367.21
154 $400.00 $86,122.90
155 $400.00 $86,881.75
156 $400.00 $87,643.76
157 $400.00 $88,408.94
158 $400.00 $89,177.31
159 $400.00 $89,948.88
160 $400.00 $90,723.67
161 $400.00 $91,501.68
162 $400.00 $92,282.94
163 $400.00 $93,067.45
164 $400.00 $93,855.23
165 $400.00 $94,646.30
166 $400.00 $95,440.66
167 $400.00 $96,238.33
168 $400.00 $97,039.32
169 $400.00 $97,843.65
170 $400.00 $98,651.33
171 $400.00 $99,462.38
172 $400.00 $100,276.81
173 $400.00 $101,094.63
174 $400.00 $101,915.85
175 $400.00 $102,740.50
176 $400.00 $103,568.59
177 $400.00 $104,400.12
178 $400.00 $105,235.12
179 $400.00 $106,073.60
180 $400.00 $106,915.58
181 $400.00 $107,761.06
182 $400.00 $108,610.06
183 $400.00 $109,462.61
184 $400.00 $110,318.70
185 $400.00 $111,178.36
186 $400.00 $112,041.60
187 $400.00 $112,908.44
188 $400.00 $113,778.90
189 $400.00 $114,652.97
190 $400.00 $115,530.70
191 $400.00 $116,412.07
192 $400.00 $117,297.12
193 $400.00 $118,185.86
194 $400.00 $119,078.30
195 $400.00 $119,974.46
196 $400.00 $120,874.36
197 $400.00 $121,778.00
198 $400.00 $122,685.41
199 $400.00 $123,596.60
200 $400.00 $124,511.58
201 $400.00 $125,430.38
202 $400.00 $126,353.01
203 $400.00 $127,279.48
204 $400.00 $128,209.81
205 $400.00 $129,144.02
206 $400.00 $130,082.12
207 $400.00 $131,024.13
208 $400.00 $131,970.06
209 $400.00 $132,919.93
210 $400.00 $133,873.77
211 $400.00 $134,831.58
212 $400.00 $135,793.37
213 $400.00 $136,759.18
214 $400.00 $137,729.01
215 $400.00 $138,702.88
216 $400.00 $139,680.81
217 $400.00 $140,662.81
218 $400.00 $141,648.91
219 $400.00 $142,639.11
220 $400.00 $143,633.44
221 $400.00 $144,631.91
222 $400.00 $145,634.55
223 $400.00 $146,641.36
224 $400.00 $147,652.36
225 $400.00 $148,667.58
226 $400.00 $149,687.03
227 $400.00 $150,710.72
228 $400.00 $151,738.69
229 $400.00 $152,770.93
230 $400.00 $153,807.48
231 $400.00 $154,848.34
232 $400.00 $155,893.54
233 $400.00 $156,943.10
234 $400.00 $157,997.03
235 $400.00 $159,055.35
236 $400.00 $160,118.08
237 $400.00 $161,185.24
238 $400.00 $162,256.84
239 $400.00 $163,332.91
240 $400.00 $164,413.47
241 $400.00 $165,498.52
242 $400.00 $166,588.10
243 $400.00 $167,682.22
244 $400.00 $168,780.89
245 $400.00 $169,884.15
246 $400.00 $170,992.00
247 $400.00 $172,104.46
248 $400.00 $173,221.57
249 $400.00 $174,343.32
250 $400.00 $175,469.75
251 $400.00 $176,600.88
252 $400.00 $177,736.71
253 $400.00 $178,877.28
254 $400.00 $180,022.61
255 $400.00 $181,172.70
256 $400.00 $182,327.59
257 $400.00 $183,487.29
258 $400.00 $184,651.82
259 $400.00 $185,821.20
260 $400.00 $186,995.45
261 $400.00 $188,174.60
262 $400.00 $189,358.66
263 $400.00 $190,547.66
264 $400.00 $191,741.60
265 $400.00 $192,940.53
266 $400.00 $194,144.45
267 $400.00 $195,353.38
268 $400.00 $196,567.35
269 $400.00 $197,786.38
270 $400.00 $199,010.49
271 $400.00 $200,239.71
272 $400.00 $201,474.04
273 $400.00 $202,713.51
274 $400.00 $203,958.15
275 $400.00 $205,207.98
276 $400.00 $206,463.01
277 $400.00 $207,723.27
278 $400.00 $208,988.79
279 $400.00 $210,259.57
280 $400.00 $211,535.66
281 $400.00 $212,817.05
282 $400.00 $214,103.79
283 $400.00 $215,395.89
284 $400.00 $216,693.37
285 $400.00 $217,996.26
286 $400.00 $219,304.58
287 $400.00 $220,618.35
288 $400.00 $221,937.59
289 $400.00 $223,262.33
290 $400.00 $224,592.59
291 $400.00 $225,928.39
292 $400.00 $227,269.76
293 $400.00 $228,616.72
294 $400.00 $229,969.29
295 $400.00 $231,327.50
296 $400.00 $232,691.36
297 $400.00 $234,060.91
298 $400.00 $235,436.16
299 $400.00 $236,817.15
300 $400.00 $238,203.88
301 $400.00 $239,596.40
302 $400.00 $240,994.72
303 $400.00 $242,398.86
304 $400.00 $243,808.86
305 $400.00 $245,224.73
306 $400.00 $246,646.50
307 $400.00 $248,074.19
308 $400.00 $249,507.83
309 $400.00 $250,947.45
310 $400.00 $252,393.06
311 $400.00 $253,844.70
312 $400.00 $255,302.39
313 $400.00 $256,766.15
314 $400.00 $258,236.01
315 $400.00 $259,711.99
316 $400.00 $261,194.12
317 $400.00 $262,682.43
318 $400.00 $264,176.94
319 $400.00 $265,677.68
320 $400.00 $267,184.67
321 $400.00 $268,697.94
322 $400.00 $270,217.51
323 $400.00 $271,743.42
324 $400.00 $273,275.69
325 $400.00 $274,814.33
326 $400.00 $276,359.39
327 $400.00 $277,910.89
328 $400.00 $279,468.85
329 $400.00 $281,033.31
330 $400.00 $282,604.28
331 $400.00 $284,181.80
332 $400.00 $285,765.89
333 $400.00 $287,356.58
334 $400.00 $288,953.90
335 $400.00 $290,557.87
336 $400.00 $292,168.53
337 $400.00 $293,785.90
338 $400.00 $295,410.01
339 $400.00 $297,040.88
340 $400.00 $298,678.55
341 $400.00 $300,323.05
342 $400.00 $301,974.39
343 $400.00 $303,632.62
344 $400.00 $305,297.75
345 $400.00 $306,969.83
346 $400.00 $308,648.87
347 $400.00 $310,334.91
348 $400.00 $312,027.97
349 $400.00 $313,728.09
350 $400.00 $315,435.29
351 $400.00 $317,149.60
352 $400.00 $318,871.06
353 $400.00 $320,599.69
354 $400.00 $322,335.52
355 $400.00 $324,078.58
356 $400.00 $325,828.91
357 $400.00 $327,586.53
358 $400.00 $329,351.47
359 $400.00 $331,123.77
360 $400.00 $332,903.45
361 $400.00 $334,690.55
362 $400.00 $336,485.10
363 $400.00 $338,287.12
364 $400.00 $340,096.65
365 $400.00 $341,913.72
366 $400.00 $343,738.36
367 $400.00 $345,570.60
368 $400.00 $347,410.48
369 $400.00 $349,258.02
370 $400.00 $351,113.26
371 $400.00 $352,976.23
372 $400.00 $354,846.97
373 $400.00 $356,725.50
374 $400.00 $358,611.85
375 $400.00 $360,506.07
376 $400.00 $362,408.18
377 $400.00 $364,318.21
378 $400.00 $366,236.21
379 $400.00 $368,162.19
380 $400.00 $370,096.20
381 $400.00 $372,038.27
382 $400.00 $373,988.43
383 $400.00 $375,946.71
384 $400.00 $377,913.16
385 $400.00 $379,887.79
386 $400.00 $381,870.66
387 $400.00 $383,861.79
388 $400.00 $385,861.21
389 $400.00 $387,868.97
390 $400.00 $389,885.09
391 $400.00 $391,909.61
392 $400.00 $393,942.56
393 $400.00 $395,983.99
394 $400.00 $398,033.93
395 $400.00 $400,092.40
396 $400.00 $402,159.45
397 $400.00 $404,235.12
398 $400.00 $406,319.43
399 $400.00 $408,412.43
400 $400.00 $410,514.15
401 $400.00 $412,624.62
402 $400.00 $414,743.89
403 $400.00 $416,871.99
404 $400.00 $419,008.96
405 $400.00 $421,154.83
406 $400.00 $423,309.64
407 $400.00 $425,473.43
408 $400.00 $427,646.23
409 $400.00 $429,828.09
410 $400.00 $432,019.04
411 $400.00 $434,219.12
412 $400.00 $436,428.37
413 $400.00 $438,646.82
414 $400.00 $440,874.52
415 $400.00 $443,111.49
416 $400.00 $445,357.79
417 $400.00 $447,613.45
418 $400.00 $449,878.51
419 $400.00 $452,153.00
420 $400.00 $454,436.97
421 $400.00 $456,730.46
422 $400.00 $459,033.50
423 $400.00 $461,346.14
424 $400.00 $463,668.42
425 $400.00 $466,000.37
426 $400.00 $468,342.04
427 $400.00 $470,693.46
428 $400.00 $473,054.68
429 $400.00 $475,425.75
430 $400.00 $477,806.69
431 $400.00 $480,197.55
432 $400.00 $482,598.37
433 $400.00 $485,009.20
434 $400.00 $487,430.07
435 $400.00 $489,861.03
436 $400.00 $492,302.11
437 $400.00 $494,753.37
438 $400.00 $497,214.85
439 $400.00 $499,686.57
440 $400.00 $502,168.60
441 $400.00 $504,660.97
442 $400.00 $507,163.72
443 $400.00 $509,676.91
444 $400.00 $512,200.56
445 $400.00 $514,734.73
446 $400.00 $517,279.46
447 $400.00 $519,834.79
448 $400.00 $522,400.77
449 $400.00 $524,977.44
450 $400.00 $527,564.84
451 $400.00 $530,163.03
452 $400.00 $532,772.04
453 $400.00 $535,391.93
454 $400.00 $538,022.73
455 $400.00 $540,664.49
456 $400.00 $543,317.26
457 $400.00 $545,981.08
458 $400.00 $548,656.00
459 $400.00 $551,342.07
460 $400.00 $554,039.32
461 $400.00 $556,747.82
462 $400.00 $559,467.60
463 $400.00 $562,198.72
464 $400.00 $564,941.21
465 $400.00 $567,695.14
466 $400.00 $570,460.53
467 $400.00 $573,237.45
468 $400.00 $576,025.94
469 $400.00 $578,826.05
470 $400.00 $581,637.82
471 $400.00 $584,461.31
472 $400.00 $587,296.57
473 $400.00 $590,143.64
474 $400.00 $593,002.57
475 $400.00 $595,873.41
476 $400.00 $598,756.22
477 $400.00 $601,651.04
478 $400.00 $604,557.92
479 $400.00 $607,476.91
480 $400.00 $610,408.06
481 $400.00 $613,351.43
482 $400.00 $616,307.06
483 $400.00 $619,275.01
484 $400.00 $622,255.32
485 $400.00 $625,248.05
486 $400.00 $628,253.25
487 $400.00 $631,270.97
488 $400.00 $634,301.27
489 $400.00 $637,344.19
490 $400.00 $640,399.79
491 $400.00 $643,468.12
492 $400.00 $646,549.24
493 $400.00 $649,643.19
494 $400.00 $652,750.04
495 $400.00 $655,869.83
496 $400.00 $659,002.62
497 $400.00 $662,148.47
498 $400.00 $665,307.42
499 $400.00 $668,479.53
500 $400.00 $671,664.87
501 $400.00 $674,863.47
502 $400.00 $678,075.40
503 $400.00 $681,300.72
504 $400.00 $684,539.47
505 $400.00 $687,791.72
506 $400.00 $691,057.51
507 $400.00 $694,336.92
508 $400.00 $697,629.99
509 $400.00 $700,936.78
510 $400.00 $704,257.35
511 $400.00 $707,591.76
512 $400.00 $710,940.06
513 $400.00 $714,302.31
514 $400.00 $717,678.57
515 $400.00 $721,068.89
516 $400.00 $724,473.35
517 $400.00 $727,891.99
518 $400.00 $731,324.87
519 $400.00 $734,772.06
520 $400.00 $738,233.61
521 $400.00 $741,709.58
522 $400.00 $745,200.04
523 $400.00 $748,705.04
524 $400.00 $752,224.64
525 $400.00 $755,758.91
526 $400.00 $759,307.91
527 $400.00 $762,871.69
528 $400.00 $766,450.32
529 $400.00 $770,043.87
530 $400.00 $773,652.38
531 $400.00 $777,275.93
532 $400.00 $780,914.58
533 $400.00 $784,568.39
534 $400.00 $788,237.43
535 $400.00 $791,921.75
536 $400.00 $795,621.43
537 $400.00 $799,336.51
538 $400.00 $803,067.08
539 $400.00 $806,813.20
540 $400.00 $810,574.92
541 ($3,400.00) $810,552.31
542 ($3,400.00) $810,529.61
543 ($3,400.00) $810,506.82
544 ($3,400.00) $810,483.93
545 ($3,400.00) $810,460.95
546 ($3,400.00) $810,437.87
547 ($3,400.00) $810,414.69
548 ($3,400.00) $810,391.42
549 ($3,400.00) $810,368.05
550 ($3,400.00) $810,344.59
551 ($3,400.00) $810,321.02
552 ($3,400.00) $810,297.36
553 ($3,400.00) $810,273.60
554 ($3,400.00) $810,249.74
555 ($3,400.00) $810,225.78
556 ($3,400.00) $810,201.72
557 ($3,400.00) $810,177.56
558 ($3,400.00) $810,153.30
559 ($3,400.00) $810,128.94
560 ($3,400.00) $810,104.48
561 ($3,400.00) $810,079.91
562 ($3,400.00) $810,055.25
563 ($3,400.00) $810,030.48
564 ($3,400.00) $810,005.60
565 ($3,400.00) $809,980.63
566 ($3,400.00) $809,955.54
567 ($3,400.00) $809,930.36
568 ($3,400.00) $809,905.07
569 ($3,400.00) $809,879.67
570 ($3,400.00) $809,854.17
571 ($3,400.00) $809,828.56
572 ($3,400.00) $809,802.85
573 ($3,400.00) $809,777.03
574 ($3,400.00) $809,751.10
575 ($3,400.00) $809,725.06
576 ($3,400.00) $809,698.92
577 ($3,400.00) $809,672.66
578 ($3,400.00) $809,646.30
579 ($3,400.00) $809,619.83
580 ($3,400.00) $809,593.24
581 ($3,400.00) $809,566.55
582 ($3,400.00) $809,539.74
583 ($3,400.00) $809,512.82
584 ($3,400.00) $809,485.79
585 ($3,400.00) $809,458.65
586 ($3,400.00) $809,431.39
587 ($3,400.00) $809,404.03
588 ($3,400.00) $809,376.54
589 ($3,400.00) $809,348.94
590 ($3,400.00) $809,321.23
591 ($3,400.00) $809,293.40
592 ($3,400.00) $809,265.46
593 ($3,400.00) $809,237.40
594 ($3,400.00) $809,209.22
595 ($3,400.00) $809,180.93
596 ($3,400.00) $809,152.51
597 ($3,400.00) $809,123.98
598 ($3,400.00) $809,095.33
599 ($3,400.00) $809,066.56
600 ($3,400.00) $809,037.67
601 ($3,400.00) $809,008.66
602 ($3,400.00) $808,979.53
603 ($3,400.00) $808,950.28
604 ($3,400.00) $808,920.91
605 ($3,400.00) $808,891.41
606 ($3,400.00) $808,861.79
607 ($3,400.00) $808,832.05
608 ($3,400.00) $808,802.18
609 ($3,400.00) $808,772.19
610 ($3,400.00) $808,742.08
611 ($3,400.00) $808,711.84
612 ($3,400.00) $808,681.47
613 ($3,400.00) $808,650.97
614 ($3,400.00) $808,620.35
615 ($3,400.00) $808,589.60
616 ($3,400.00) $808,558.73
617 ($3,400.00) $808,527.72
618 ($3,400.00) $808,496.59
619 ($3,400.00) $808,465.32
620 ($3,400.00) $808,433.93
621 ($3,400.00) $808,402.40
622 ($3,400.00) $808,370.75
623 ($3,400.00) $808,338.96
624 ($3,400.00) $808,307.04
625 ($3,400.00) $808,274.98
626 ($3,400.00) $808,242.80
627 ($3,400.00) $808,210.47
628 ($3,400.00) $808,178.02
629 ($3,400.00) $808,145.43
630 ($3,400.00) $808,112.70
631 ($3,400.00) $808,079.84
632 ($3,400.00) $808,046.83
633 ($3,400.00) $808,013.70
634 ($3,400.00) $807,980.42
635 ($3,400.00) $807,947.01
636 ($3,400.00) $807,913.45
637 ($3,400.00) $807,879.76
638 ($3,400.00) $807,845.92
639 ($3,400.00) $807,811.95
640 ($3,400.00) $807,777.83
641 ($3,400.00) $807,743.57
642 ($3,400.00) $807,709.17
643 ($3,400.00) $807,674.62
644 ($3,400.00) $807,639.94
645 ($3,400.00) $807,605.10
646 ($3,400.00) $807,570.12
647 ($3,400.00) $807,535.00
648 ($3,400.00) $807,499.73
649 ($3,400.00) $807,464.31
650 ($3,400.00) $807,428.74
651 ($3,400.00) $807,393.03
652 ($3,400.00) $807,357.17
653 ($3,400.00) $807,321.16
654 ($3,400.00) $807,285.00
655 ($3,400.00) $807,248.68
656 ($3,400.00) $807,212.22
657 ($3,400.00) $807,175.60
658 ($3,400.00) $807,138.83
659 ($3,400.00) $807,101.91
660 ($3,400.00) $807,064.84
661 ($3,400.00) $807,027.61
662 ($3,400.00) $806,990.22
663 ($3,400.00) $806,952.68
664 ($3,400.00) $806,914.99
665 ($3,400.00) $806,877.13
666 ($3,400.00) $806,839.12
667 ($3,400.00) $806,800.95
668 ($3,400.00) $806,762.62
669 ($3,400.00) $806,724.13
670 ($3,400.00) $806,685.48
671 ($3,400.00) $806,646.67
672 ($3,400.00) $806,607.70
673 ($3,400.00) $806,568.56
674 ($3,400.00) $806,529.27
675 ($3,400.00) $806,489.80
676 ($3,400.00) $806,450.18
677 ($3,400.00) $806,410.39
678 ($3,400.00) $806,370.43
679 ($3,400.00) $806,330.31
680 ($3,400.00) $806,290.02
681 ($3,400.00) $806,249.56
682 ($3,400.00) $806,208.93
683 ($3,400.00) $806,168.14
684 ($3,400.00) $806,127.17
685 ($3,400.00) $806,086.03
686 ($3,400.00) $806,044.73
687 ($3,400.00) $806,003.24
688 ($3,400.00) $805,961.59
689 ($3,400.00) $805,919.76
690 ($3,400.00) $805,877.76
691 ($3,400.00) $805,835.59
692 ($3,400.00) $805,793.24
693 ($3,400.00) $805,750.71
694 ($3,400.00) $805,708.00
695 ($3,400.00) $805,665.12
696 ($3,400.00) $805,622.06
697 ($3,400.00) $805,578.82
698 ($3,400.00) $805,535.39
699 ($3,400.00) $805,491.79
700 ($3,400.00) $805,448.01
701 ($3,400.00) $805,404.04
702 ($3,400.00) $805,359.89
703 ($3,400.00) $805,315.56
704 ($3,400.00) $805,271.04
705 ($3,400.00) $805,226.33
706 ($3,400.00) $805,181.44
707 ($3,400.00) $805,136.37
708 ($3,400.00) $805,091.10
709 ($3,400.00) $805,045.65
710 ($3,400.00) $805,000.01
711 ($3,400.00) $804,954.17
712 ($3,400.00) $804,908.15
713 ($3,400.00) $804,861.93
714 ($3,400.00) $804,815.52
715 ($3,400.00) $804,768.92
716 ($3,400.00) $804,722.12
717 ($3,400.00) $804,675.13
718 ($3,400.00) $804,627.95
719 ($3,400.00) $804,580.56
720 ($3,400.00) $804,532.98

 

Which is, in reality, the purpose of government taxation in the first place. They take x dollars from you, and give back y. Sure, for the poor that's a positive thing, your y is greater than your x - but for the rich it's the exact reverse.

Government services are secondary to the redistributive process. The services themselves could easily be done more efficiently in the private sector (and usually are, if the state hasn't granted their service a monopoly [roads, power, etc]) - but it's heavily unpopular to just... take money from the rich and give it directly to the poor - so they have to go through all these ridiculous hoops to fool people into thinking it's not just theft, Robin Hood style.

The government is just Robin Hood. The rest of their functions are distractions.

 

Neither the declaration of independence nor the constitution seems to mention anything about redistribution. Pretty sure you're wrong about why the government was set up. Although with Obama in the white house, it seems like an easy mistake to make.

Robin Hood was a thief.
​

 

Robin Hood returned the taxes government "collected" from the poor back to the poor.

Did he steal from the business person, or the rich that earned their wealth?​

 

Again, all of these programs only exist because they were sold as things you get something out of..... if you pay into them.

Why should I have to pay for something that I can't use? Why should anyone?

People often point to Nordic countries, and their 'socialized' systems, and how everyone likes their system, and how 'successful' they are.

What most people ignore is that from economists in those countries, we find that 90% to 95% of the money paid into those government programs, is returned right back to the people who pay into it. Of course that is exactly why those programs are not hated, and why they are supported and successful.

You are *NEVER* going to get a system where people support programs where money is confiscated from one group, and given to another without any benefit to the group confiscated from. You are never going to have a program of Social Security, where the rich pay into it, and don't benefit from it. Not going to happen. Sorry. Welcome to Democracy.... you know.... where the rich get to vote too?

- - - Updated - - -

Robin Hood was a thief. A thief..... is a thief. Period. I don't care what rationalizations you come up with. He was a thief.... just like government.

 

Good point. Puts the government in an even worse light, imo.

That's my point. Why are you doing it then? You've moved so far away from the constitution that this kind of stuff looks everyday.

I'm not saying anyone has to agree with me that "Robin Hood politics" is a bad thing, but I'd really appreciate it if everyone asked themselves the question - because it's important. It strongly indicates whether you take a consequentialist or a rules-based (deonotological) view of the world - in my opinion one of the most useful values to know about yourself, especially when it comes to politics, ethics, etc.

Yeah, and I think that's the question we need to be asking. It's not so much a perfect analogy, because of what Not Amused has revealed (see top of this post) - but we should still ask ourselves the basic question: is it allowable to steal from the well off to give to the poor? We seem to sidestep that question too often :/

 

Doing what?



​

 

Bending the rules to redistribute wealth, if it's not constitutional? (I think it's bad)

 

You think I'm suggesting government should redistribute private wealth?


​

 

No, I'm agreeing with you

 

http://www.socialsecurityreform.org/problem/