If you are under the age of 30, don't you deserve a second option on how to invest your social security money?

Today if you are under the age of 30 you may never see social security and yet you will pay 7-8% of all your earnings into this federal payroll TAX. Don't we have a right to invest this money ourselves. We can do it if we are given the chance!

NO. We ALL deserve to be able to get out of this pyramid scheme.

when young you should start investing the same amt of $$ that you pay in ss...

Guaranteed you will have a lot more in the other investment than you ever will in Ss. Report It

btw, ss funds are not necessariyly invested in bonds, often they are invested in subquality instead of even plain jane 100% safe good investments..

Private industry has done better since the 1940's. Report It

You do, but until "a new wind blows" in January '09, no one may know, if by THAT administration, if there is something else. I hope for your sake, you do. I mean that.

Very true, but start putting some of your money away your self. It comes from years of people not paying much into the system but reaping standarized benefits when they got old enuff. I only have 20 more years to work and by then I will probably be your greeter at Wal-Mart. Please be nice when I offer you a sale ad.

Yes, but the Democrats in Congress will never agree.

I would hesitate to use the word deserve. The entitlement philosophy is part of what got us into this mess with social security. You may invest the money, and others may not. As long as our society attempts to care for those who do not make the choices to take care of themselves we will have programs like social security.

The simple answer is NO! The reason is that your social secuity payments are used to fund the social security checks of retired people. If you and your under-thirty buddies opt out, then the Government has to borrow the money from someplace else.

So, opting out doesn't help the the Government solve the problem - it makes it worse!

You actually have NO rights whatsoever other than that which society grants you - and no society, nor any rights and privileges it may or may not grant, is forever. That said, Social Security won't work unless everyone pays into it. If you know a more secure place to invest your money than in US Government bonds - which is where social security money is kept - you know more than every analyst on Wall Street. And I really, REALLY doubt that's the case!

not likely. 99,99% of those who pay social security will never be sophisticated enought to support themselves on earnings from a fund replacing social security. the reason is simple. taxes would have to be aid on it, most people would eventually spend it before they needed it, an anuity from an insurance p[olicy would be more worthwhile, social security was never designed as the only support after retirement, but as a supplement to other retirement income, and if you did have it coming to you for investing, you would likely lose most to idiotic get-rich-quick schemes put out by unscrupulous individuals and corporations and would never see a dime of it in return since they would abscond with your money to some offshore bank and you could not get it back.
people like george bush, and his fellow idiots have no idea how to run a company let alone a very complex retirement plan for millions of people. he couldn't even keep his own company out of bankruptcy, soi how is anyone supposed to think he knows how to invest money for the rest of america?

I absolutely agree. I would be a millionaire right now if I had been able to take the money that I've been paying into the system and had been allowed to invest it myself in some type of IRA. I think having the option to opt out and invest that money yourself should definitely be given a chance.

I think you do and you should call your Representative and demand the law to allow it. I wish I had the option when I was 30.

yes, you deserve an option. But that is something that is not going to happen, because the current beneficiaries have been promised those benefits. There will need to be a very creative approach to solve this intricate problem. With the huge ageing population, this scheme under the present conditions is unworkable.