1. The system is not going to fold when you are 55. It will only be able to pay at benefits at 75% instead of 100% if changes aren't made, but it is not going to fold.
2. The average Social Security monthly benefit is less than $800. a month and for almost half of all recipients, a Social Security check makes up 90% or more of their income. If people are buying cadillacs with that money, then they are living in them as well, because they aren't going to have money for anything else!
3. And I wish I had more time, but speak for yourself, most young people I know, myself included don't despise senior citizens, in fact many of us are supporting our senior parents and grandparents because their income is not enough for them to survive on alone.
