Allowing today's young people to invest part of their Social Security money in personal savings accounts makes sense since in the future less money will be coming into Social Security than will be going out.
Paying Social Security to senior citizens in the future will draw huge amounts of money from the economy.One option to deal with this is to allow young people to invest part of their Social Security money in personal savings accounts.

Question

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Allowing young people to invest part of their Social Security money in personal savings accounts can help alleviate the financial burden on the system in the future. This is because the current Social Security system may not have enough funds to support future retirees due to demographic shifts and longer life expectancies. Allowing individuals to invest in personal savings accounts can not only increase their retirement savings but also reduce the burden on the Social Security system.

Allowing Today's Young People to Invest Part of Their Social