Young American's pay 12.5% of every paycheck into a hopeless pipe dream called Social Security. By the year 2023, Social Security will no longer have the funds to fully pay beneficiaries. Many solutions are on the table....
Raise SS wage cap
Raise taxes
Increase retirement age
But only one solution saves Social Security for seniors now, and saves Social Security for young workers later...
PERSONAL ACCOUNTS!
Let us divert a small percentage of our 12.5% into a personal account, similar to a 401K, creating wealth for retirement, not the hopeless feeling of getting nothing from the government when we retire. These personal accounts will then be transferable upon death, rather than disappearing upon death, as in Social Security, creating wealth and freedom for future generations!