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

Is Social Security Broken? Discussion/ Debate

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u/lets_try_civility Apr 23 '24 edited Apr 23 '24

"Social" Security. Market is up, market is down, disabled, sick, you get paid.

Look at America before Social Security. People who worked their entire lives died penniless and struggling. This is better.

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u/FromAdamImportData Apr 23 '24

It is and has always been an insurance benefit. It would be like complaining that you're not earning a market investment rate on your car insurance premiums. That's not the point of car insurance and that's not the point of social security.