Social Security
How long do you plan on living? When you retire, where will you get the money to support yourself? Can you rely on Social Security to be there for you when it's your turn to retire? In 1935 when Social Security was created there were 40 workers for every beneficiary of Social Security. Today there are about 3.3 workers supporting one beneficiary. When we are ready to retire there will only be two workers supporting each of us. After noting these statistics provided by the Social Security Trustees I believe that it is extremely important that we need to improve Social Security before it is too late or too expensive. In this speech I will reveal the problems with the current Social Security system and show you how Personal Retirement Accounts can fix these problems.
The current Social Security administration keeps track of your earnings record, but it isn't saving any of that money in an account with your name on it. Most of deductions to your earnings are going straight to someone......
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