Social Security is becoming a major concern to Americans as elderly populations, especially baby-boomers, are approaching old age. The generation that will take its place in the workforce is far smaller in proportion to the number of retirees, raising fears about the sustainability of Social Security. As a result of this decrease in the population there will not be as many citizens to Social Security. By law, the Trustees of the Social Security Trust Fund are required to plan seventy-five years into the future to determine whether, according to the best demographic and economic forecasts available. Social Secur

Some of the social security taxes people pay go toward survivor insurance. In fact, the value of the survivors insurance you have under Social Security is probably more than the value of your individual life insurance. When someone who has worked and paid into Social Security dies, survivor benefits can be paid to certain family members. These include widows, widowers and divorced widows and widowers, children, and dependent parents. Right now 98 out of every 100 child could get the benefits to children than other federal program. When you died, certain members of your family might be eligible for survivor’s benefits if you worked, paid Social Security taxes and earned enough “credits.” You can earn a maximum of four credits each year. The number of credit you need depends on your age when you die. The younger a person is, the fewer credits he or she needs to have family members are eligible for survivor’s benefits. However, nobody needs more than 40 credits (10 year of work) to be eligible for any Social Security benefits (Social Security Disability Benefits).

Older people work hard to save up their retirement in Social Security. When Social Security became privatize, they would lose all their money that was saved in Social Security. It will have a tremendous impact on the way they live and see the world. Social problems might arise from some elderly as they put forth their anger on the nation and the public. On the other hand, What if we keep it? We will run into a deficit. Therefore, government might find that to lower the deficit, they might tax us more, to finance Social Security. Then all of the working class will be furious, and they will go protest. One social security dependent citizen said, "Have everyone be responsible for their own savings f

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