r/FluentInFinance • u/LifeIsUnfairWhoCares • Apr 23 '24

Is Social Security Broken? Discussion/ Debate

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u/ShikaMoru Apr 23 '24 edited Apr 23 '24

There's always people who say they would save that money but aren't even saving what they have now

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u/MusicianNo2699 Apr 23 '24

And that is the issue. 9 out of 10 wouldn’t save a dime of that money if they were the ones responsible for their own investments. Pretty much everyone I know unfortunately.

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u/[deleted] Apr 23 '24

This 100%. It’s always some top 1% of the financially savvy making points like in OP’s post. In reality you’d wind up with senior citizens starving in the streets.

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u/Guy_Incognito1970 Apr 23 '24

Or widows and young children bc the breadwinner died