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An Argument for Social Security

2018-08-06

I've been mucking about with investments and retirement savings for ten years, studying advice, etc.

The very clear observation is that most people can't adequately save for retirement without extreme personal discipline or making fat piles of cash. It's very well understood & replicated regularly that personal responsibility is inadequate to cover retirement.

Social security and other government programs are pretty much a must to ensure old people aren't bankrupted on the regular.