You want to know how well SS has worked? http://www.ssa.gov/OACT/ProgData/taxRates.html That is right. We now have a tax rate that is 6.2 times what it originally was on a max taxable that is more than three times what inflation would have it. With that track record we have approximately $2.6 trillion in a trust fund and spend over $800 billion a year. That my friend is a ponzi scheme. So the older you are (early investor) the better you will do as you force the young (later investor) to fund your GREED!