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Word Count: 770
The purpose of this paper is to analyze social security so asto show the reader what makes it beneficial to us today Throughout my life the words social and security have meantlittle more to me than the representation of a small blue card in mywalleta consistent and increasingly significant deduction of funds from my weeklypay-check and a vague academically-instilled recollection of the potentialfor long-term future benefit In fact it was not until I researchedpertinent material for this particular project that I truly learned howmarkedly beneficial social security will be after my eventual retirementReflecting on precisely how ignorant I had been to the issue prior to myinvestigation I realized a tragic irony which exists quite commonly withinour society today young people are not taught to save for retirementI think that many of my friends do not even think much of saving fortheir college graduation let alone for their retirement Eventuallyhowever most of us will reach a point in our lives where work shall cometoan end yet the existence of living expenses will not Social securitymanyof us find out will provide us with a monthly check at this point Whatwedo not realize however is that this amount is not intended to be used asour sole source of incomeUnfortunately the tragic irony is that many of us reach retirement andrealize too late how impossible it would be to live by no other means exceptsocial security The reality is that the program is but one benefit oneaddition and one financial supplement Its intent is to be combined withother savings IRAs retirement funds and the like Many senior citizensretire not fully realizing this and consequently they are forced to seekpart-time employment to supplement their income This defeats the purposeof retirementall together Since people often expect social security to pay for all ormostof their living expenses the disappointment that comes withretirement leads them to maintain negative feelings against the socialsecurity program which is actually at no fault whatsoever Once you
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