The day social security went bad was the day that Roosevelt signed it.  Ever since that day, people have been indoctrinated with this false sense of security that if you experience financial problems, Uncle Sam will take care of you.


Well guess what, the funds for social security will be gone by 2034.  So if you are 49 or 50 about the time you are able to collect, it will be broke.  So now will that change your ways, your spending, your saving, your work ethic, probably not.


I have always approached it as if there will be nothing there and I need to make sure I'm prepared.  That’s not the American way anymore and as long as there are elections people will always be promised prosperity.  A lot of people are going to be disappointed.