[ladyjane]

Social security is not a retirement fund. It was never intended to be a retirement fund. A lot of people are planning on using it as their retirement fund. The situation will only get worse.

[HungarianGypsy]

Good point, lj. I thought Social Security was supposed to be a temporary fix. My husband says if it is offered and still around when he retires, he will collect from it, since he has paid into it all these years... but we are not going to rely on living on it.

[winker]

It was designed to hold families together and to give stability in uncertain times.

[ncpatriot]

Wasn't it an insurance? Old Age Security Insurance? Can't remember.

[jongaltsr]

Social security is not a retirement fund. It was never intended to be a retirement fund. A lot of people are planning on using it as their retirement fund. The situation will only get worse.

Not true

I am 60 years old this next month. We were always told that we could rely upon the Social Security to provide us comfort in our retirement and old age. This was to be our "safety net" and provide us enough money to afford a proper retirement lifestyle. In the past few decades this has gradually been modified where the government first said that it was never intended to be the main source of income for seniors to what it is today - "don't rely upon Social Security to provide you much more then the bare subsistence for those that own their homes and have retirement benefits from other sources."

[Clemenza]

Social security is not a retirement fund. It was never intended to be a retirement fund. A lot of people are planning on using it as their retirement fund. The situation will only get worse.

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We call these people "morons." Sadly, they do vote.