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Social Security's declining payoff; The best wireless deal; China loses its wealthy citizens; Motorola Mobility to lay off workers; Rising costs for high-frequency trading

Social Security's declining payoff

Social Security is not the deal it once was. A married couple that earned average lifetime wages and retired in 2011 paid about $598,000 in Social Security taxes over their careers, but can expect to collect only about $556,000 in benefits. A worker who retired in 1960 could expect seven times more in benefits than he paid in.

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