Date of this Version
Social Security benefits were never designed to be one’s sole source of retirement income. Due to fiscal constraints, it is likely that Social Security benefits in the future will be less generous when the young workers of today retire. In the future, retirement income security will depend heavily on wealth accumulated during one’s working years. The role of the Social Security Administration must be transformed to one of motivating, informing, and educating the young workers of today about retirement financial planning so that they can adequately plan and prepare for a financially secure retirement tomorrow.