Quote:
Originally Posted by 2BNTV
The younger generations would be wise to start planning a nest egg, in their twenties as 35 % percent of the present population, hasn't saved anything for retirement.
My son isn't planning for SS to be there when he retires, so he saves his own retirement funds.
I don't agree TV will be a ghost town. After all, we will leave our houses to them, when the big guy calls us home. 
It doesn't pay to be stupid about money.  |
There is some level of political risk with anything that involves the government.
But I believe your son should not worry too much about it. The program might evolve a little but I am confident it will be there for him.
But, his concern probably has a positive aspect to it. If he gets motivated to save... He should at least be prepared for retirement.
If he really get's motivated, he might have the financial ability to retire early if he chooses. He might choose to continue to work... but it is always nice to have the option to stop working if one chooses!