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Two words: lock box.Of course, the entire Social Security program is a fraud that would lead to prison terms if done by anybody but the government.
Two words: lock box.
The trick with Social Security is always the transition plan. The younger generation will usually support. It is those receiving the payments now that always push back. To get change someone will have to convince the retired generation with a good plan to transition off.
You got the younger generation correct, but each day more fall out of the working generation which means at some point there is going to have to be a hard cut-off at age 18.The trick with Social Security is always the transition plan. The younger generation will usually support. It is those receiving the payments now that always push back. To get change someone will have to convince the retired generation with a good plan to transition off.