Social Security: A Reality Check

You ask a Millennial about Social Security and he’ll tell you, with the utter certainty that Millennials everywhere can’t help but feel, “it won’t be there when I retire, so what is the point; and why should I pay into it when I won’t get anything back?”

And, of course, he is right.  If nothing is done to change how Social Security is collected and disbursed, it surely will go bankrupt well before our Millennial retires.  It is an excellent example, too, of a self-fulfilling prophecy, as Social Security will die for sure if enough Americans believe it is doomed, beyond rescue.  Because if you are sure it will die, why would you waste time and energy trying to save it?