Millionaire Retirees

May 16, 2011
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Starting next year…the typical husband and wife who reach age 66 and qualify for Social Security… will begin collecting a combination of cash and health-care entitlement benefits that will total $1 million over their remaining expected lifetime…

Such married couples will begin receiving monthly Social Security checks that will, on average, total about $550,000 after inflation. They will receive health-care services paid for by Medicare that, on average, will total another $450,000 after inflation.

Starting next year…the typical husband and wife who reach age 66 and qualify for Social Security… will begin collecting a combination of cash and health-care entitlement benefits that will total $1 million over their remaining expected lifetime…

Such married couples will begin receiving monthly Social Security checks that will, on average, total about $550,000 after inflation. They will receive health-care services paid for by Medicare that, on average, will total another $450,000 after inflation.

Full article on the flaws in Social Security and Medicare.