Fun Fact of the Day, June 18, 2019

June 18, 2019

Six-To-One Return - The average American worker who retires next year (in 2020) will have paid $36,000 in Medicare taxes during his/her working lifetime, far less than the $229,000 in Medicare benefits that he/she is projected to receive. The projected lifetime benefit total is net of Medicare premiums paid by the retiree (source: Urban Institute).

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