Quote:
Originally Posted by Sandtrap328
Yes, we all paid into Social Security for our working careers and, naturally, the Social Security general fund was "raided" to pay for other things. That is not the issue of this post.
I would like to know opinions on IF Social Security had been an opt-in program, who would have decided NOT to opt-in and to save/invest for their own retirement. At retirement age, if you had NOT opted-in, there would be absolutely no government assistance even if you had not made good saving/investment choices.
Which would you have taken - advised your children and grandchildren to have taken?
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I think you reveal your biased motivation by saying "there would be absolutely no government assistance".
My grandfather never had social security and was poor all of his life with a family of 7. He never owned a house or car. In his retirement he received state aid. His main occupation during his working years was "coal mining".
Either the state or federal government must step in with some minimum safety net. If you change your opening post you might get more replies. As it stands you have stacked the deck in favor of the answer you're looking for.