Page 12 - Social Securiyt - Re-Inventing It

Boomers - retiring at the rate of 10,000 a day - The , and they have no plan

The AFCRA plan phases out NEW, operative word NEW Social Security retiree obligations at the rate of 2.857% a year for every year a new,
NEW retiree is away from full retirement- EXAMPLE

EXAMPLE 1: If you’re one year away from full retirement age, your Social Security retiree benefit would be reduced by 2.857% or $28.57 per
$1,000 – A future Social Security retiree benefit of $1,000, would now would be $971.42 - $1,000 - 2.857% or a $28.57 reduction

$1,000 Social Security retirement check

$28.57
$971.42 Social Security retirement check

EXAMPLE 2:If you’re 5 years away from full retirement, your Social Security retiree benefit would be $1,000 it will be reduced by 14.285% or
$142.85 So your future Social Security retiree benefit check would be $857.15 – ($1,000 - $142.85 = $857.15)

$1,000 Social Security retirement check

$142.85

$857.15 Social Security retirement check

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After the 35 year there are NO MORE NEW, operative word NEW Social Security retiree obligations, under the AFCRA plan they’re been
completely phased out, and TRILLIONS OF DOLLARS of future un-funded Social Security retiree obligations – COMPLETELY GONE