Evaluation:
Published: 06.05.2005.
Language: English
Level: Secondary school
Literature: n/a
References: Not used
  • Essays 'Social Security Debate', 1.
Extract

Introduction- Have you ever wondered, do I have enough money to retire 30 years from now? What is the future of social security? Will I able to get benefits from the government when I retire? Well, the future of social security looks bleak even in face of proposed reforms. Social Security last year paid out roughly half a trillion dollars to 47 million Americans. However, if its trust fund runs dry as projected in 2042, it would be a severe loss to millions of Americans who do not have company backed retirement plans or other means to sustain retirement.
The main reason for the current Soc…

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