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You can’t rely on a system that’s going broke. Social Security has been broken from the beginning. 

Under the current Social Security system, by 2040 the amount of benefits paid out will be about 40% more than the money coming in. 

Don’t trust your future to Social Security. Its own Board of Trustees warns that the program will deplete its trust fund within 20 years.

When Social Security was set up in 1935, the average life expectancy was around 62; now it’s 79—that’s why it’s rapidly running out of cash.

There are now simply too many retirees compared to the number of workers for Social Security to be sustainable. 

Even if it weren’t going broke, Social Security couldn’t possibly be relied upon to cover the cost of a decent retirement. 

Avoid relying on a broken Social Security system. Get a budget, avoid debt, and invest your savings—around 15% is a good start.

Want to retire comfortably? First, get rid of and avoid debt. 45% of Americans spend half their income on debt repayment.

Because Social Security is insufficient and unreliable, anything you get from it should be considered a fringe benefit.