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Social security system finances

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1) Explain why workers who reached retirement age in the early years of the Social Security system are perceived to have received a better deal than workers about to retire and those who will retire in the future.

2) Various proposals have been made to improve the Social Security system's finances and to reform the pension system or increase the tax rates. Explain one or more of the proposals.

3) Discuss how you would improve the Social Security system and why your approach is sound. Please use outside sources to help justify your position. Given what you've learned about the future of Social Security, what savings and retirement planning decisions might you or your children make in the future? Why?

Reference no: EM13893883

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