Retirement and Beyond

Retirement and Beyond Is loving Security Enough? planning for retirement is essential because Social Security will non be enough, and the cost of living will continue to rise. As you afford all seen lately, from news headlines to your pocketbooks, the economy does not constantly stay in tip-top shape. No matter where you make from or where you are in life, you have probably matt-up the impact of the shaky economy and heard something on the ongoing debates around Social Security. Many critics, policy makers, and professionals have argued about the future of Social Security. Some say it will ever be around, but others believe that it will dwindle to nothing. save the future will tell the truth of the matter, although research points to a steady decline in the Social Security program. correspond to Larry DeWitt (2010), Social Security is very likely to become out(p) within the next 25 to 30 years. So what does that wet for the middle-aged working American? It is always best to have a Plan B. In his article about the teaching of Social Security, DeWitt (2010) explores the beginning of Social Security and discusses economic gage as it has been in existence through and throughout history.

DeWitt reviews the strategies used through the years to ensure a successful retirement and thin economic hardship. Many people rely on nest egg and investment accounts, whereas others hope for a more collective intervention, such as social services programs and family inheritances and help from loved ones. still others combine the two sources to live a comfortable retired life. In 1870, the United States population of seniors was 1.15 million. Each decade, the population of seniors increased to a high of 9.02 million in 1940 (DeWitt, 2010). This steady incline has not slowed down yet. With the occur of seniors climbing up each year, the number of people receiving Social Security could quickly outgrow the Social Security bud stick to. The poor economy of the 1970s came... If you want to get a full essay, order it on our website: Ordercustompaper.com

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