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I don't believe social security is ever going away. Even now, it's providing benefits to around 50 million people (not only seniors, but also via disabled and survivor's benefits), and therefore the government isn't going to - and realistically, can't - ever just shut that down. Besides, a relatively minor tweaking of the taxed income limits and/or tax percentage paid in fixes the problem. But a big issue I see is workers not realizing social security payouts provide only a portion of necessary retirement income, often a very small portion, and therefore they still need to be saving plenty of money regardless. Medicare is tougher. I think a solution will have to be wrapped up with some kind of complete overhaul of our failing healthcare system...whenever any of the politicians finally decide it's important enough to deal with.
By Sydney
