We are pleased to share with you the latest KCS Fireside Chat article. Social Security has just turned 80, and in this article we explore its origins, operating practices, and importantly, its future. We hope that you find this subject interesting.
As a nation we cannot afford to have our seniors living on the precipice of financial ruin. A return to the poor houses of the 20’s and 30’s is absolutely unacceptable. Ideally, we would once again provide a strong pension system that would strengthen the three-legged stool, but until we can resurrect defined benefit pensions for the masses, we better figure out a way to continue to provide, and even enhance, the current Social Security system.
Please don’t hesitate to reach out to us if we can be of any assistance to you. Have a great Labor Day weekend!