Quote:Regarding the first part in bold.  Social Security is a supplement to retirement savings.  The problem is that many people think that Social Security IS their retirement.

 

For many people, Social Security is the only fund into which they could afford to contribute. A lot of citizens have lived essentially from paycheck to paycheck for most of their adult lives. And, before you can say it's their fault, I know more than a few of them, it often wasn't. Even their meager success in life was a triumph of will and determination.

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