What do you think the future of social security is. And how is this affecting your retirement planning?

Public Comments

1. Depends on how old or young you are. I think I will be gone by the time Social Security becomes bankrupt. But if you are young, you have to ask your self what kind of social protection you need and than get involved and try to shape your future.
2. The future of SS is short and Bleak. When it was first established it was self supporting until the Democrats started taking from it to fund their pork barrel projects and did not pay it back. Now it is like the rest of the economy but it is too late for those who are too old to hold a job.
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4. American debt is at a staggering 11 trillion dollars. Even Ben Bernanke has recently gone to Congress to get America to address our deficit. Novelties like Social Security, will be impractical, thus, in 50 to 60 years. That is, if nothing is done about our trade deficit and our unnecessary printing of Fiat money.