And yet we continue to mentor such behavior by continue to sponsor the behavior by giving more and more benefits. You start taking benefits away, people will relearn how to save money. And then teach our children to learn the same responcible acts... Oh, wait, I already do. My 13 year old daughter has nearly $4,000 in her own savings from keeping all her birthday, christmas and other holiday gifts. She amazes me even to this day. She asked for more money than gifts this year. She loves seeing her own savings and hard work grow.crazyeddie":evd5bhbf said:This attitude ignores both reality and human nature.rubicondsrv":evd5bhbf said:how about they save their own money???
it is actually not hard to amass significant savings over several decades......frankly most "poor" people got that way by their own choice....
The fact is, most people just don't have the foresight, will, common sense, or cautious nature to start saving at an early age for their retirement. That's why we have Social Security, to make sure such people don't starve to death in their old age.
Bully for you that you are atypical and have saved enough to retire without Social Security. Most people can't.
If taught, eddie. Not given...