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This first step in the process, families stepping up to provide support for their loved ones, could very well alleviate the need for future social security; however, relying on others doesnât provide assurance, so implementation of additional retirement options must be available.
To the current worker, whose need for a long term retirement plan seems ages away, the government must provide them with real incentive to look toward their future...
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As we the people have allowed the government once again to take up the role as taxation representative, the need for breaks to those who put back additional money for retirement each year must appear worthwhile. At one time in the 20th century many employers were offering 401K retirement plans, but much of the money was wrapped up in stocks and the money market, with a great possibility of loss and no assurance of return...
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