Would you be able to invest if your retirement was your responsibility? I wonder, if given the opportunity when I was twenty-five, would I have done so. By the time I was thirty, I was well into raising a family. By the time I was in my forties, I realized that I needed to supplement my retirement, which was to be funded by a pension and Social Security. Had neither of those two been there, my working career would need to be extended far beyond my ability t remain productive and viable in the work place.
Poorer workers struggling in lower paying jobs would have little incentive to divert much needed funds to their future when their present demands so much. That is not a liberal patronization of the working poor. It is a reality that I have lived and I knew what I was missing as every earned cent went to the family budget. Imagine a realization by American workers that retirement was nearing and nothing had been done by them to insure a future. If young folks do not believe in the program now, there is little likelihood that they would possess the farsightedness needed to prepare for their future.
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