Fun fact.

Some one retiring today at 67 after paying the full cap for the last 35 years (1992–2026) would be getting ~4k/month SS, after paying ~479K (half from employer if not self employed) in SS only over 35 years.

The same amount invested would likely result in slightly lower payments at 4% return, but higher with actual market return at higher risk. Plus, allow for wealth transfer to dependents.

So, take that how you will.

(Numbers are rough since the cap is a moving target and 35 years is a long time).