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Proves the point for SS in your statement. The majority of people will not care or think seriously about retirement till close to the day of.
Most when pushed have given little thought to SS except wanting someone else to pay the bill when due. Just see the amount taken out each pay period as money loss today.
Just liken it to the many who fail to save for retirement in their 20's 30's then when in the 40's see the need all to late.
This is a problem created by those who never liked SS to begin with. Using the idea "It's your Money so Invest in the Market" or "You will never live to receive a check" What needs to be reminded is not everyone is smart with money! So a plan for all is needed.
After all SS was created due to the fact it was noted people get old and are in need of help. We can give them the ability of independence and care rather cheaply with the SS system. Or go back to the old way where they moved in with family members.
Barney
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