1. Please explain in your own words how the United States Social Security retirement (not disability) system works. Please include in your explanation, using fictional numbers that you may make up, how the Social Security retirement monthly benefit is calculated, based on how many years' earnings, how is inflation factored in, and how does your age when first claiming social security benefits impact the dollar amount that your receive. Also please describe who pays in to Social Security, how much do these individuals pay in and up to what income level? Finally, please explain what the bend points are and how they impact social security benefits paid.