A comic where a retiree fails to realize that current workers actually pay for his social security benefits.

#178 - Not How It Works

2016-06-14
Contrary to the knowledge of some, Social Security is not saved for it's specific contributor. As acknowledged by the Social Security Administration itself: "The Social Security taxes you now pay go into the Social Security Trust Funds and are used to pay benefits to current beneficiaries".

Paying into social security does not accrue money for those taxed. It simply reserves a spot in line to be the recipient of the money that the next generation is swindled out of.