through pension plans, savings, investments, etc. Which means that not only we have to pay for Social Security taxes, but we also have to have our own savings account for a stable economy after retirement. In that case I would say it's better to have our own savings account and not to have any deductions from our monthly check. Many Americans would become millionaires this way.Previously I thought that Social Security was useless. However now, after finishing this paper, I have learned that it is essential for those who suffer from a disability or for those children whose parents have died. I think it would be selfish from my part if I proposed that this program should be cut to balance federal, state and city budgets. Probably for most of these people the Social Security benefits are their only hope for a better future.However when it comes to retirement I think that rising the retirement age is not the best idea. For now the retirement age is 65, but in a near future the Social Security Administration is willing to rise it. Their excuse is that now in days people are growing healthier and living longer. I think some people would die before they reach a higher age than 65 and without enjoying a retirement. This issue is being debated lately.I would say I'm in favor with the Social Security program. It's one of the programs that should not be cut. Nevertheless, I would make some changes to it. For example I would not increase the age of retirement. Thanks to the Social Security program approximately 150 million workers are protected and more than 44 million people receive retirement, survivors and disability benefits....
