While having lunch with a group of men from my church the topic of Social Security came up for discussion. There were five of us so naturally we had six different opnions. The statement was made by one of the group that "He paid in much more in deductions then his benefit would ever amount to" I did not take issue with him but I did give a lot of thought to it and derived the following figures; If you started to work in 1950 at $10'000 annually and worked 40 years with you salary doubleing every ten (10) years retiring out at $80,000 using the current rate for the entire 40 years you would have paid in $112,500. If you monthly benefit check is $1,200 and you receive 180 checks you will have received $216000 for the next 15 years ($288,000 for 20 years). Based on this you will pay in a lot less then you receive if you live to the age of 80 or more. I know if you were given the option of investing this ammount in private insurance or investments you may receive more but you would have to get a double digit return annually to do so. So say you.