Social Security to Stay

“You will never need to worry about a steady income.”

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Along with my address, phone number, and student ID, I memorized my social security number pretty early on. The SSN is crucial to working life in the United States. There’s even a sense of pride when I saw a crisp card issued to my children–it was their official initiation into America.

Recently, President Obama remarked that we needed to find ways to continue to “keep Social Security strong.” Although it’s not the only resource for older adults, it is still a source of income people look forward to.

Personally, as a child, I was taught not spend all of my allowance, but to save up for a rainy day. As an adult, this translates to 401(k) and IRA accounts for retirement.

What’s your opinion about the Social Security system? And/or how do you save up for the future?

 

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Comments

  1. I just hope our Congress can work together and find a solution to ‘fix’ it. Otherwise I worry about things in the future for my kids.

    • Jennifer J. Chow says:

      You’re right, Carrie. I love the principle of helping the older generation, and I hope that can continue into the future.

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