Futures
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TradFi
Gold
One platform for global traditional assets
Options
Hot
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Introduction to Futures Trading
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Launch
CandyDrop
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Alpha Points
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Futures Points
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Just found out something wild - even billionaires like Warren Buffett actually get Social Security checks. Yeah, do millionaires get social security? Apparently yes, if they paid into the system for 30+ years. The thing is, it's not based on their net worth at all, just their salary history. So Buffett's estimated monthly check is around $5,100, even though his net worth is like $165 billion. Kinda crazy when you think about it. The SSA calculates your benefit based on your average earnings over 35 years, then applies a formula. If you wait until 70 to claim instead of 62, you get more each month. Do millionaires get social security benefits the same way regular people do? Yeah, same rules apply. Maximum benefit is capped regardless of how rich you are. Buffett's salary was only about $100k last year, so that's what counted toward his calculation. Makes you wonder how many other wealthy people are quietly collecting these checks. The system really was designed for average workers though, not billionaires.