Did you add compounding interest that you would have earned to what you contributed? I haven't gone through the exercise, but I would venture to guess the amount would approach a half million by now if I did, or possibly more.
Another correction, about the 15%, it is 15%, whether you take it from the employee or the employer. I have known the 7.5% argument from 40 years ago, but its 15% total.. If the employer did not pay it, it could have paid you higher wages. So it is 15%, regardless of how the government tries to hide what is going on in all manner of deceitful ways. If they would simply make the employee pay it, as self employed people in fact do, then it would probably have saved millions, perhaps billions in paperwork, but then again the government is the government, very inefficient.
Another salient point, if retirees do in fact end up receiving alot more than they pay in, after compound interest is figured, etc., just how long will the government be able to lose money with this program before the whole thing collapses?
Also, ci, about your cancer, how are you doing, is it all under control, I hope so? I sincerely hope the treatments work. I have a friend that went through that and he now has a clean bill of health, but only after they ended up removing. The best to you, ci.