Social Security was initially intended as a way to ensure that those who worked in their younger years would be able to retire peacefully and without financial stress in their later years. It operates not by having a set fund that people pay into for themselves, like an individual retirement account, but rather by contributing to a collective fund that pays for those who currently receive Social Security. Unfortunately, the system hasn’t stood the test of time as reports are seeing the cost of the program increasing and future retirees are expected to receive less than current beneficiaries, a…
