Social Security: Yet Another Foul Reminder

I never keep my Social Security "statements". It's depressing to get these annual reminders of how little I earn, so I normally toss them and get on with the business of pretending I will never grow old.

Since the government has been bothering me for money lately, though, and since the demands have been coming in official government envelopes, I've been opening all their mail. "It's just a Social Security statement," I figured. What, besides the paltry payment figures, could possibly make my day worse?

Well, this year, the Social Security Administration has enlisted the statement's front page as a soapbox for the "Private Accounts" platform the White House is pushing. It's always encouraging to see the following note on the front of your Social Security statement:

It is important to remember that Social Security was never intended to be your only source of income when you retire. Social Security can't do it all. You also will need other savings, investments, pensions or retirement accounts to make sure you have enough money to live comfortably when you retire.

Well, I guess I can't say they didn't warn me.

Posted by tangentialist at March 21, 2005 11:50 PM | more tangentialism

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