Talk of The Villages Florida - View Single Post - Social Security, yea or nay?
Thread: Social Security, yea or nay?
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Old 01-22-2015, 06:47 PM
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Originally Posted by JP View Post
I think the average American doesn't understand investing enough to "opt out" and would end up with ZERO $ at retirement age and would cosequently further burden our over burdened society. I have never liked paying in to social security but as it stands, I am glad I did and everyone has to.
Totally agree. Since I don't get the AARP magazine anymore, I can't really state percentage wise, how many Americans have saved less than 25K for retirement. There would be a glut of people who would be living in poverty conditions if they had the option to opt out..

Many people don't have the wherewithal to start saving in their twenties, thinking they have plenty of time. When they have reached 50 or so, it's too late.

Giving people the option to opt out would generate a whole new generation of broke retirees. Some people now have to work until they drop dead.

Sorry I don't agree that anyone should opt out of SS.
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